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Loan Modification

: Loan Modification & Home Loan News

Banks Benefit from ?Foreclosure Amnesty?

By Moe Bedard

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Even as legions of homeowners default on their mortgages and await eviction, many still remain in their homes ? even 18 months after getting an eviction notice? How is this possible? Banks and lenders are reluctant to pull the trigger ? and here is why. To begin, there is little doubt that U.S. foreclosure activity remains [...]

Full post as published by Loan Modification & Home Loan News on March 23, 2010 (boomark / email).

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