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Loan Modification

: Mortgage Lender Implode-o-Meter

Survey: Homeowners Working with Servicers Often Blindsided by Foreclosures

By Implode-Explode Heavy Industries

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"In May, we published a story about how disorganization at the big banks has led to mistaken foreclosures: homeowners were under review for a modification, but were suddenly foreclosed on because of a communication breakdown within the mortgage servicer."

Full post as published by Mortgage Lender Implode-o-Meter on July 07, 2010 (boomark / email).

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