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Loan Modification

: Mortgage Lender Implode-o-Meter

Gov?t Loan Mod Program Leaves Some Homeowners Worse Off

By Implode-Explode Heavy Industries

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"More than 155,000 homeowners have been dropped from the program after starting trial modifications. Some of those were denied for legitimate reasons, such as missing a trial payment or experiencing a drastic change in income, but others were kicked off because of errors at the banks."

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

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