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Loan Modification

: Mortgage Lender Implode-o-Meter

Fannie Report Warned of Foreclosure Problems in 2006

By Implode-Explode Heavy Industries

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``... the report raised other red flags that have roiled the industry, including improper legal filings by foreclosure attorneys and questionable practices surrounding the Mortgage Electronic Registration Systems, an electronic-lien registry set up by the mortgage industry to reduce paperwork and lower costs. ''

Full post as published by Mortgage Lender Implode-o-Meter on March 25, 2011 (boomark / email).

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