Monday, August 10th, 2009
I've now spoken with a few 'insiders' that have expressed frustration about the loan modification process. The time it takes to process along with the frustrated borrowers issuing complaints in record amounts has lead to a stoppage in practice by money lawyers and agents alike.
This tell me a few things. ...
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Tuesday, May 12th, 2009
In order to help homeowners avoid foreclosure through Loan Modifications, the Obama administration recently added two more elements to its homeowner assistance program, offering to help more borrowers and encouraging investors to offload more of their riskiest morgages onto the taxpayers.
The original Making Home Affordable program that the Treasure Department ...
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Thursday, March 26th, 2009
This article is courtesy of CNNMoney.com --
Mortgage modifications have a bad rap, yet President Obama is depending on them to stop the foreclosure crisis.
Modifications continue to be pushed as the best way to get struggling borrowers back on their feet. The jury is out on whether modifications work long-term. One ...
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