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Loan Modification

: The Truth About Mortgage.com

Free Rent for a Year If You Stop Paying Your Mortgage

By scot184

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Here’s an interesting tidbit from Diana Olick over at RealtyCheck. Former Credit Suisse analyst Ivy Zelman, the one that came up with the infamous mortgage rate reset chart, said on average it takes 417 days for a lender to send a foreclosure notice after a borrower stops making mortgage payments. Yep, 417 days. More than a [...]

Full post as published by The Truth About Mortgage.com on April 20, 2010 (boomark / email).

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