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Loan Modification

: Loan Modification & Home Loan News

Housing Nightmare Upends Family, Enriches Investor

By Moe Bedard

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“We [made] a lot of sacrifices,” she says. “Sometimes we [didn't] even have food. He got two jobs; I got two jobs. I lost one; he lost one.” And that is when they started falling behind on their payments. The couple paid $584,000 for the house and made no down payment. Instead, they borrowed the [...]

Full post as published by Loan Modification & Home Loan News on December 20, 2010 (boomark / email).

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