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Loan Modification

: Loan Modification & Home Loan News

Pilot project speeds loan modification applications through the system

By Moe Bedard

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In January, counselors at Neighborhood Housing Services of Chicago started processing applications electronically in a pilot project that’s akin to TurboTax for loan modifications. It won’t mean more homeowners will qualify for loan modifications, but they would know sooner whether they’re going to lose their homes and can plan accordingly. “Right now, using faxes and staff, [...]

Full post as published by Loan Modification & Home Loan News on March 17, 2010 (boomark / email).

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