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Loan Modification

: Loan Modification & Home Loan News

Lawsuits accuse lenders of sabotaging mortgage modifications

By Moe Bedard

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Financially strapped homeowners struggling to obtain mortgage modifications are taking their frustrations to court, accusing banks and loan servicers of misleading them or breaking promises to help them hold on to their homes. The lawsuits go to what U.S. Housing and Urban Development Secretary Shaun Donovan has described as the heart of the government’s anti-foreclosure [...]

Full post as published by Loan Modification & Home Loan News on October 26, 2010 (boomark / email).

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