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Loan Modification

: Mortgage Lender Implode-o-Meter

Elizabeth Warren's Chance in the Sun

By Implode-Explode Heavy Industries

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"The simple fact is that of the 1.1 mm who have requested mortgage relief only 170k have gotten it so far and almost all of those have been temporary reductions in monthly payments but no reduction in principal. It is nearly two years since this blew up. We have made almost no progress in addressing it. "

Full post as published by Mortgage Lender Implode-o-Meter on April 14, 2010 (boomark / email).

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