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Loan Modification

: Mortgage Lender Implode-o-Meter

Mortgage Investors Join Outcry Against Banks

By Implode-Explode Heavy Industries

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"Homeowners, and at times the government, have long complained that banks and other companies that service mortgages aren?t good at their job of collecting monthly payments, modifying loans and processing foreclosures. Now, a new cast of characters are piling on the criticism: the servicer?s own clients, the investors that actually own the mortgages."

Full post as published by Mortgage Lender Implode-o-Meter on October 19, 2010 (boomark / email).

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