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Shocker: It was extend/pretend--mods fail

Started by Riversider
over 14 years ago
Posts: 13573
Member since: Apr 2009
Discussion about
FT states loan delinquencies back up. But I think they missed something, which is that the new delinquencies are essentially from mods that failed, not new problems. http://www.ft.com/intl/cms/s/0/c1865438-f8d2-11e0-a5f7-00144feab49a.html#axzz1b4xhVK71
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