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Loan Modification

: Loan Modification & Home Loan News

Loan Modifications a Bad Deal for Main Street?

By adminfritz

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By Moe Bedard Today?s New York Times ran an article about the downsides of the incentivized loan modification plans citing potential contractual violations between lenders, servicers and the investors that expect returns on their investments. With the government paying $1000.00 or more to banks that play ball, that is, provide loan modifications per government guidelines, I?m [...]

Full post as published by Loan Modification & Home Loan News on April 27, 2009 (boomark / email).

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