Loan Modification – Can Be A Nightmare
Loan Modification According to a recent posting on Bloomberg, Richard Neiman, the New York State superintendent of banks stated that mortgage companies make the loan modification problem worse because they actually lose paperwork. The California Reinvestment Coalition found in a survey they conducted of 40 counselors that represent around 14,000 homeowners, these counselors all said…
Foreclosure Solutions the Place for Bankruptcy Tactics P5
There is a place for bankruptcy in stopping foreclosure according to many foreclosure experts Finding good foreclosure solutions is best for everyone and bankruptcy has a place. Bank foreclosures on homes are extremely costly to both the borrower and lender. To be blunt, lenders are in the business to make money and not use to…
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