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Loan Modification

: Mortgage Lender Implode-o-Meter

Foreclosures Are Rising

By Implode-Explode Heavy Industries

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"The new foreclosure wave is here. Yes, banks are ramping up loan modifications and ramping up short sales and ramping up deeds in lieu of foreclosure, but the plain fact is that as the systems are oiled, the loans are moving through faster, and the pig in the python is showing its face."

Full post as published by Mortgage Lender Implode-o-Meter on April 06, 2010 (boomark / email).

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