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Loan Modification
: Mortgage Lender Implode-o-MeterTired of the Lying: 55,000 Helped by Obama Mortgage Rescue
By Implode-Explode Heavy Industries
On May 14, 2009, CNN/Money reported the following headline: 55,000 Helped by Obama Mortgage Rescue Servicers are adjusting loans under Obama?s foreclosure prevention program. The administration is expanding the program to help those that don?t qualify for a modification.
When I saw the headline my heart almost skipped a beat. Could it be true? Did I owe the administration an apology? Were 55,000 people, as a result of Obama?s plan, really keeping their homes instead of leaving them vacant indefinitely? The feeling was so great that I didn?t want it end. I felt flushed.
Full post as published by Mortgage Lender Implode-o-Meter on May 24, 2009 (boomark / email).
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