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Loan Modification

: Loan Modification & Home Loan News

A new real estate algorithm: Cut your loses

By Moe Bedard

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When it comes to mortgage payments, conventional wisdom says there’s a simple algorithm about cash flow: If you don’t have enough, your home is in real danger. And if you owe more than your home is worth – known as “being underwater” – you’re out of luck. But that’s conventional wisdom. In fact, more and [...]

Full post as published by Loan Modification & Home Loan News on August 18, 2010 (boomark / email).

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