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Loan Modification

: Loan Modification & Home Loan News

Foreclosure freeze could prevent potential buyers from achieving homeownership

By Evan Bedard

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CHARLOTTE, N.C. – Josh and Tayla Thomforde thought they had a deal to buy a three-bedroom house with a fenced-in backyard and room for their family to grow. But the nation’s latest foreclosure quagmire scuttled their plans. Three days before closing on their first home, they learned that Ally Financial’s GMAC Mortgage unit was taking [...]

Full post as published by Loan Modification & Home Loan News on November 05, 2010 (boomark / email).

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