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Loan Modification

: Loan Modification & Home Loan News

Loan Mod Program Left Homeowner?s Fate in Hands of Dysfunctional Industry

By Moe Bedard

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(Source: By Paul Kiel of Probublica) – Last February, with 6 million homeowners in danger of losing their homes, the mortgage industry was assembled at a luxury hotel in San Diego applauding themselves?literally. ?As a group, we owe ourselves a round of applause,? said Yvette Gilmore, vice president of loss mitigation at Freddie Mac, citing [...]

Full post as published by Loan Modification & Home Loan News on February 18, 2011 (boomark / email).

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