7/3/11

Sprawl Marches On

Banks Easing Terms or Debt on Some Option ARM Loans - NYTimes.com: "Two of the nation’s biggest lenders, JPMorgan Chase and Bank of America, are quietly modifying loans for tens of thousands of borrowers who have not asked for help but whom the banks deem to be at special risk." Sprawl preservation marches on. A shaky proposition at best.


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