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Loan Modification

: Loan Modification & Home Loan News

With Properties Nearly Worthless, Even Lender Walks Away

By Moe Bedard

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Across the nation, homeowners have abandoned houses that are worth less than their mortgages. Now, in the case of one defunct mortgage lender, the property values have fallen so low that the bank doesn?t even want them. Taylor Bean & Whitaker Mortgage Corp., once the largest independent mortgage lender in the country, is seeking bankruptcy [...]

Full post as published by Loan Modification & Home Loan News on July 15, 2010 (boomark / email).

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