"Perhaps most disturbing was that the analysis found that 20 banks have missed at least four payments since the program began in 2008, and eight banks have missed five payments. The data did not make clear how many of these defaulting loans are due to actual hardships, and how many are strategic defaults, but some taxpayers say they’re suspicious."


tvsterling at 10:16 2010-06-18 said:
This is sweet poetic justice. I'm going to sleep better knowing that at least one bank has been put thru the same wringer that all the banks are putting loan mod applicants thru. Of course some of the article is a joke but I think the basic situation is what happened. Permalink

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