homeowner help: Loan modification! Helping? Hurting? - 09/27/11 10:18 AM
The government, in its attempt to help distressed home owners has set up a program with funding, to encourage banks to modify home loans of people who are in distress.

Despite the government’s best intentions, the banks, are not helping.   Possibly because of  being overwhelmed or because of  poor  staff, training, they are taking way too long to process.   And then so often they are rejecting the application or offering a trial period, then rejecting the package. 

Real Estate Guy has hears many times of instances where a loan modification, has ended, and often resulting in a major penalty … (0 comments)

 
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