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Loan Modification

: Mortgage Lender Implode-o-Meter

Overview of the Government?s Programs to Reduce Principal on Underwater Mortgages

By Implode-Explode Heavy Industries

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"The Obama administration has been increasing its support for programs to induce banks and others to trim loan balances for homeowners that owe more than their homes are worth. Here's an overview of the three programs trying to increase the number of underwater borrowers who can get help."

Full post as published by Mortgage Lender Implode-o-Meter on December 18, 2010 (boomark / email).

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