Felix and others have offered plenty of evidence that doing principal-reduction mortgage mods would be good for borrowers. But I've never seen much analysis showing that they'd actually be good for the lenders.Priorities, people.
Saturday, July 3, 2010
Less Populist Megan
Shorter Megan McArdle, in her own words:
Posted by Susan of Texas at 11:35 AM
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First, Megan must define "good".
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