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Loan Modification

: Mortgage Lender Implode-o-Meter

No Penalties for Mortgage Company with Worst Loan Mod Backlog

By Implode-Explode Heavy Industries

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"Last week, the government released data showing that there?s a big problem at Saxon Mortgage, a subsidiary of Morgan Stanley. Of all the mortgage companies participating in the administration?s mortgage modification program, Saxon has the largest proportion of homeowners caught in modification limbo."

Full post as published by Mortgage Lender Implode-o-Meter on May 28, 2010 (boomark / email).

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