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Real Estate & Property Law

: The Home Equity Theft Reporter

Let Courts Modify Bad Loans Says Consumer Bankruptcy Group; Quality, Sustainability Of Current Modifications Depends On The Individual Servicer

By r morris

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The Philadelphia Inquirer reports: With fresh evidence that voluntary mortgage modifications aren't working, a national lawyers' group is urging the government to let the courts fix bad loans. "Court supervision of loan modification is needed, and unlike so many of the responses to the foreclosure crisis so far, there will be no cost to the taxpayer," Henry Sommer of Philadelphia, president of

Full post as published by The Home Equity Theft Reporter on December 23, 2008 (boomark / email).

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