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Loan Modification

: Mortgage Lender Implode-o-Meter

New state laws on foreclosures heralded

By Implode-Explode Heavy Industries

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"The foreclosure law requires lending institutions to maintain foreclosed homes and make them safe and habitable for tenants as a means of preserving the property values, and to prevent them from becoming blights on neighborhoods. Previously, local governments and community groups were spending money and time maintaining foreclosed properties. "

Full post as published by Mortgage Lender Implode-o-Meter on April 06, 2010 (boomark / email).

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