Thursday, August 27, 2009

Why Aren’t Lenders Doing More Loan Modifications?

What type of help can be expected from the lenders and servicers?
Typically, when a borrower falls behind on a mortgage, there are few programs available to help them get current. Refinances are generally out of the question, and bankruptcy is not a viable option for most people. What can homeowners then expect from the Servicer?

Read more here: http://tinyurl.com/nc6kew

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