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Real Estate & Property Law

: The Home Equity Theft Reporter

Lust For Late Fees Keeping Mortgage Servcing Companies From Making Loan Modifications?

By r morris

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The New York Times reports on what many industry insiders are saying as the real reason mortgage servicers are dragging their feet on modifying delinquent home loans:[I]ndustry insiders and legal experts say the limited capacity of mortgage companies is not the primary factor impeding the government?s $75 billion program to prevent foreclosures. Instead, it is that many mortgage companies are

Full post as published by The Home Equity Theft Reporter on July 30, 2009 (boomark / email).

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