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will my lender work with me: Why won't my lender work with me?
- 06/23/08 09:57 AM
Why Won't My Lender Work With Me?
See this disturbing video about a congress woman who tried to help 3 homeowners modify their loan. http://abcnews.go.com/video/playerIndex?id=6704983
What the lenders fail to realize is this is now the time to communicate with the homeowner. 'Hardship Conditions' have a tendency to be temporary in nature. Many families or individuals have now rectified that hardship condition and can now resume making monthly mortgage payments. Although mortgage companies do have Loss Mitigation departments, the reality here is mortgage companies are in the "NOTE" business.
Why won't my lender work with me? They are not in the … (10 comments)
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