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Loan Modification

: Loan Modification & Home Loan News

Foreclosures and loan modification programs

By Moe Bedard

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Despite the vital interest that both lenders and borrowers have in avoiding money-losing foreclosures, the number of failing mortgages remains stubbornly high. Part of the problem is borrowers who’ve sunk too deeply into debt ? they bought homes they simply couldn’t afford, or their income plummeted during the recession. But another part is the inability [...]

Full post as published by Loan Modification & Home Loan News on August 17, 2010 (boomark / email).

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