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Loan Modification

: Loan Modification & Home Loan News

Winning the Loan-Modification Lottery, Part I

By Moe Bedard

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In today?s Wall Street Journal, we highlight one of the secrets of the vast American effort to modify home-mortgages to avert, or at least delay, foreclosures: A lot of it depends on dumb luck. Whether a distressed borrower can get a truly effective loan ?mod,? the kind that cuts payments sharply and reduces the principal [...]

Full post as published by Loan Modification & Home Loan News on August 19, 2010 (boomark / email).

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