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Loan Modification

: Loan Modification & Home Loan News

Mortgage Modifications: The good, the bad and the ugly

By Moe Bedard

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“Unless property values skyrocket by 20 to 30% in the short term, these distressed properties will ultimately go to foreclosure. The problem is just snowballing,” says Ted Jadlos, senior managing director of the Applied Analytics group at LPS. “We’re talking about the housing hangover lasting until 2011.” Many loan modifications fail because they don’t fix the [...]

Full post as published by Loan Modification & Home Loan News on March 26, 2010 (boomark / email).

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