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Loan Modification

: Loan Modification & Home Loan News

Mortgage mods and foreclosure abatements are little more than ?extend & pretend? measures

By Moe Bedard

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By Barry Ritholtz “More foreclosures, please!” - I have been dismayed about the latest actions out of Washington and Wall Street. The banks are now pushing all manner of mortgage mods and foreclosure abatements. These are little more than ?extend & pretend? measures, designed to put off the day of reckoning. They are not only ineffective, [...]

Full post as published by Loan Modification & Home Loan News on March 26, 2010 (boomark / email).

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