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Loan Modification

: Mortgage Lender Implode-o-Meter

In their fight with banks over mortgage losses, investors get on borrowers' side

By Implode-Explode Heavy Industries

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"As Congress begins discussing potential mortgage servicing legislation, and as the group of 50 state attorneys general investigating problems with foreclosures continues to hammer out details of a settlement with the banks, the investors find themselves fortuitously aligned with borrowers who are facing foreclosure and who have the sympathy of lawmakers."

Full post as published by Mortgage Lender Implode-o-Meter on January 13, 2011 (boomark / email).

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