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Loan Modification

: Loan Modification & Home Loan News

The Bottom Line: Gov?t. Loan Modification Programs

By Moe Bedard

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They’re supposed to be helping homeowners, but seem to be hitting roadblocks. Government programs, introduced by federal lawmakers, to offer loan modifications during the housing crisis. How it works?  The government pays money to the banks, and the banks then lower homeowners’ mortgage payments. Except, as CBS 6′s Dori Marlin found out – some say these programs aren’t helping their [...]

Full post as published by Loan Modification & Home Loan News on July 08, 2010 (boomark / email).

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