2009-04-12 — ml-implode.com
``The government’s current loan modification assistance program, which was funded to the tune of $320 billion last July 30th, has successfully modified ONE mortgage as of April 8, 2009, according to HUD. Yes, you read that right… one. They’ve received 865 applications, and modified one mortgage. Hopefully the program has some money left over, and I’m anxious to hear exactly how much it cost the government to modify that one mortgage, aren’t you?''
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