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Loan Modification
: Mortgage Lender Implode-o-MeterSeattle Bank unit faces California class-action suit
By Implode-Explode Heavy Industries
"If the ruling is favorable to the plaintiffs, it could mean that ?common? lender-broker relationships are in fact, in violation of HUD rules, and subject to legal action.
Further, the suit is focused in California. Other states could discover the same practice exists there as well."
Full post as published by Mortgage Lender Implode-o-Meter on September 22, 2010 (boomark / email).
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