Date: November 6th, 2007

Relief from relief

6 November, 2007 (11:01) | Finance, Markets, Policy, Subprime, Taxes | No comments

“Restructuring my loan — it was horrible, Xena!”
 
With all the travails of delinquent borrowers in the subprime mess, you’d think that losing one’s home to foreclosure would be the only financial bullet one might have to dodge —
 

Glad I avoided foreclosure
 
— and that, if by some good fortune the borrower was able to modify the loan, […]