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Real Estate & Property Law

: The Home Equity Theft Reporter

Northern NJ Couple's Suit Says Loan Servicer Duped Them Into Making Temporary Loan Mod Payments w/ Bogus Assurances That Deal Would Be Made Permanent

By r morris

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In New Milford, New Jersey, The Bergen Record reports:Luis and Maria Valenzuela of New Milford struggled to pay their mortgage after a cascade of setbacks ? including illness, a car accident, their daughter's layoff, and a granddaughter's autism diagnosis. The family's mortgage company agreed to a temporary loan modification, which lowered their monthly payments (including property taxes) from

Full post as published by The Home Equity Theft Reporter on December 28, 2010 (boomark / email).

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