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Loan Modification

: Mortgage Lender Implode-o-Meter

Lending Industry Attacks California Homeowner's Rights to Legal Representation

By Implode-Explode Heavy Industries

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"The proposed language will effectively cut-off homeowners from legal representation, while banks and loan servicers have a battery of attorneys dictating policies that are in their interests and leaving homeowners to fend for themselves. Attorneys who legitimately represent their client's interests to gain long-term modifications invest months of work, countless hours and delaying tactics by the loan servicers who only respond to the threat of litigation."

Full post as published by Mortgage Lender Implode-o-Meter on July 09, 2009 (boomark / email).

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