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Loan Modification

: Loan Modification & Home Loan News

Borrowers Losing Their Homes Are Staying in Them Longer

By Moe Bedard

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When Eric Peterson buys foreclosed homes through courthouse trustee sales these days, the majority of borrowers are still living in the home rent-free, waiting to be evicted. That is a dramatic change from last year, when most properties were vacant by the time of a foreclosure sale. “Borrowers are savvy now and they know that [...]

Full post as published by Loan Modification & Home Loan News on September 15, 2010 (boomark / email).

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