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Loan Modification

: Mortgage Lender Implode-o-Meter

Amid Foreclosure Questions, Govt Loan Mod Program Continues Struggles

By Implode-Explode Heavy Industries

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"While 496,000 homeowners have received a modification through the program, many more, 700,000, were initially accepted into the program on a trial basis only to be booted out later. As we showed last month, most have been disqualified despite making their trial payments."

Full post as published by Mortgage Lender Implode-o-Meter on October 27, 2010 (boomark / email).

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