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Loan Modification

: The Truth About Mortgage.com

Those Facing Eviction Outnumber Those With Loan Mods by 12 to 1

By scot184

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A new study from the Center for Responsible Lending, “Fix or Evict? Loan Modifications Return More Value than Foreclosure,” found that families facing eviction outnumber those who received a loan modification by 12 to 1. And argues that banks and loan servicers often foreclose on homeowners, despite the fact that investors (and clearly homeowners) have [...]

Full post as published by The Truth About Mortgage.com on March 24, 2011 (boomark / email).

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