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Loan Modification

: Loan Modification & Home Loan News

Complaints About Mortgage Servicers Growing

By Moe Bedard

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Carey and Tracie Kinghorn were content with their adjustable-rate mortgage, but they were pleased when the Texas-based servicer that had bought their loan offered them a modification to lower their monthly payment by about $500. The change cost them $11,000 in fees and charges, but the Kinghorns signed a contract in April 2009. The company cashed [...]

Full post as published by Loan Modification & Home Loan News on May 04, 2010 (boomark / email).

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