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Loan Modification

: Mortgage Lender Implode-o-Meter

Fraud-closure biz fizzles out

By Implode-Explode Heavy Industries

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"The virtual shutdown of New York's foreclosure business comes despite chest-thumping, bravado-filled statements made by some banks in October that they had nothing to be afraid of when it came to foreclosure fraud and that the lawsuits aimed at kicking delinquent homeowners from their houses would continue shortly."

Full post as published by Mortgage Lender Implode-o-Meter on November 15, 2010 (boomark / email).

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