lawrenceville ga: Time to move - your just found your next home - 03/06/12 12:35 AM

lawrenceville ga: Call for Inerest Only Loan Mods - Rejected - 10/19/09 02:00 PM
No to Interest-Only Mods
 The Mortgage Investors Coalition, a trade group of asset managers holding more than $100bn in residential mortgage-backed securitizations (RMBS) on behalf of pension funds, college endowments, and other investors, is calling on the Treasury Department to reject a proposal to offer distressed borrowers interest-only payments for a certain length of time as part of the terms of a Making Home Affordable Modification Program (HAMP) workout.  The coalition said the proposal fails to address the issue of negative equity, and that it is not in the best interest of the housing industry and consumers.  Modifying homeowners into mortgages … (1 comments)

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Eric Reid

Lawrenceville, GA

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Renaissance Realty Group of Keller Williams Atlanta Partners

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