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Loan Modification

: Loan Modification & Home Loan News

Some foreclosures a result of strategy, not crisis

By Moe Bedard

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FRESNO, Calif. ? A generation ago, a house was more than a house. It was part of the “American dream.” And foreclosure was a horrifying but unlikely prospect for families who plunked down their savings and took out mortgages to become home owners. But a two-year recession has driven foreclosures to a record pace. For many families [...]

Full post as published by Loan Modification & Home Loan News on June 07, 2010 (boomark / email).

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