Bryce Elder pointed us to a fascinating story over at MSNBC.com, which details Countrywide's own lawyers mocking its loan modification offers as "mere commercial puffery": In marketing, advertising and testimony before Congress, Countrywide Home Loans has said repeatedly that it is working hard to modify the mortgages of financially strapped borrowers caught up in the subprime meltdown....
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Monday, May 25, 2009
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