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Loan Modification

: Loan Modification & Home Loan News

Lenders Feeling Legal Fallout

By Moe Bedard

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(Source: Record, The; Bergen County, N.J.) –Foreclosure activity has dropped to its lowest level in three years, as mortgage servicers continue to work on problems with their legal procedures, RealtyTrac reported Wednesday. “The industry is in the midst of a major overhaul that has severely restricted its capacity to process foreclosures,” said James J. Saccacio, [...]

Full post as published by Loan Modification & Home Loan News on March 10, 2011 (boomark / email).

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