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Loan Modification

: Loan Modification & Home Loan News

Speed Up Foreclosures, But Treat Homeowners Fairly

By Moe Bedard

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Homeowners unable or unwilling to make mortgage payments on a house worth less than the mortgage are damaging more than their own credit rating. A deadbeat occupant is probably not maintaining the property or paying dues to condo or homeowner associations. Some families exploit their misfortune by trying to live rent-free as long as they can. The [...]

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

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