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Loan Modification

: Loan Modification & Home Loan News

Why Aren?t Banks Foreclosing More Often On More Homeowners?

By Moe Bedard

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It?s hard not to be both amused and angry after reading this story by David Streitfeld in yesterday?s New York Times about homeowners who are intentionally not paying their mortgages but are not facing foreclosure because?well?their mortgage servicer isn?t foreclosing on them. You can?t call this a ?movement? because it doesn?t appear to be organized. [...]

Full post as published by Loan Modification & Home Loan News on June 03, 2010 (boomark / email).

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