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Loan Modification

: Loan Modification & Home Loan News

Is a Loan Modification the Holy Grail or Hell for Homeowners?

By Moe Bedard

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Trial modification, take 2Richton Park resident Rose Chisholm received a trial modification this summer from Chase that reduced the payments of her mortgage, which had been an option ARM, to $1,534 and set a fixed interest rate. After staying current, she expected to see the trial converted to a permanent modification. Instead, three weeks ago she [...]

Full post as published by Loan Modification & Home Loan News on December 11, 2009 (boomark / email).

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