Loan Modification increase during First Quarter

Saturday, July 4th, 2009

Loan Modification has increased in the first quarter, according to a government report, but borrowers are still falling behind on mortage payments. Comptroller of the Currency and the Office of Thrift Supervision released the report finding that loan modifications jumped 55% from the previous quarter and 172% from a year ago. Borrowers ...

Loan Modification Scams and the Evolution of Greed

Wednesday, May 13th, 2009

Predatory lending helped get us into the housing crises mess. A mess that includes a growing number of foreclosed homes and homeless, unemployed Americans. Now some of the same people responsible for the shady subprime lending practices are taking advantage of those looking to loan modifications. Millions of Americans are looking ...