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Loan Modification

: Loan Modification & Home Loan News

Big Banks Move to Short Sales, but Will It Help Housing?

By Moe Bedard

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Earlier this week a top executive at Bank of America told an REO conference in Dallas that the lender would be focusing more on short sales than ever before.  At first hearing this, I assumed it was because of the government’s Home Affordable Foreclosure Alternative Program, which provides cash incentives to servicers and borrowers for short [...]

Full post as published by Loan Modification & Home Loan News on June 17, 2010 (boomark / email).

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