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Loan Modification

: Mortgage Lender Implode-o-Meter

?The Federal Government Is Moving Comprehensively and Quickly?

By Implode-Explode Heavy Industries

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"Keeping in mind that this review started five months ago, watch this video of Donovan from Wednesday. In it, Donovan seems intent on declaring the overall system of mortgage finance?including MERS?to be sound, even while he reveals that the review showed some servicers were not making the required effort to modify loans before foreclosing on people."

Full post as published by Mortgage Lender Implode-o-Meter on October 23, 2010 (boomark / email).

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