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…
Loan Modification Failures Get Help
Loan Modification – Is It Worth Trying? A year and half ago, the government launched a loan modification program to help homeowners. The federal government’s loan modification program is unfortunately not helping as many homeowners facing foreclosure as hoped for. Of the Phoenix area borrowers that hoped to lower their monthly payments through the Home…
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