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Loan Modification

: Loan Modification & Home Loan News

Federal Reserve Hears Homeowners? Woes

By Moe Bedard

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SAN FRANCISCO ? After sitting through two hours of testimony at the Federal Reserve Bank of San Francisco, plumber Carlos Moreno can barely contain his anger. In January, he lost his home in Menlo Park to foreclosure, after his adjustable rate mortgage reset, and his monthly payments increased by more than $1,000 a month. ?It?s [...]

Full post as published by Loan Modification & Home Loan News on August 09, 2010 (boomark / email).

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