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Loan Modification

: The Truth About Mortgage.com

Right to Rent Legislation Aims to Slow Foreclosure Rate

By scot184

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New legislation that would allow struggling homeowners to rent their homes would slow the foreclosure rate, according to a report from the Center for Economic and Policy Research (CEPR). “With roughly one-in four mortgages underwater, the loan modification plans put forth so far have done little to help homeowners facing foreclosure,” said Dean Baker, Co-Director of [...]

Full post as published by The Truth About Mortgage.com on September 23, 2010 (boomark / email).

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