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Loan Modification

: Mortgage Lender Implode-o-Meter

Bank forecloses on Philly housing director's home

By Implode-Explode Heavy Industries

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``The bank says in a lawsuit filed late last month that the amount in dispute is $386,685. The 53-year-old Greene earns more than $300,000 a year as head of the nation's fourth-largest public housing agency. He bought the home in 2007. An authority spokesman, Kirk Dorn, says Greene is "involved in a dispute with his mortgage company" and hopes to deal with the matter privately.'' -- A dispute like not wanting to take all the losses?

Full post as published by Mortgage Lender Implode-o-Meter on August 13, 2010 (boomark / email).

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