loan negotiation attorney: LOAN MODIFICATION LEVERAGE FOR DELINQUENT BORROWERS - 05/10/17 01:28 PM
Lender loan modifications could become serious again – provided the mortgage is owned by Goldman Sachs.  Recently reported in the Wall Street Journal, Goldman has been put in a unique position of profiting by giving loan modifications.  By both complying with the outline of the 2016 government settlement that requires that it provide $1.8 billion in consumer relief, such as loan modifications, and by making those loan modifications, it has planned to profit handsomely.
REQUIRED RELIEF FOR DELINQUENT BORROWERS
Under the government settlement, which required Goldman to pay a fine, the mortgage modifications could be re-valued (as a performing loan) and then a … (9 comments)

 
Richard Zaretsky, Florida Real Estate Attorney (THE ZARETSKY LAW GROUP - Board Certified Real Estate Atty and AUTOMATED LAND TITLE COMPANY)

Richard Zaretsky

Florida Real Estate Attorney

West Palm Beach, FL

More about me…

THE ZARETSKY LAW GROUP - Board Certified Real Estate Atty and AUTOMATED LAND TITLE COMPANY

Address: 1615 Forum Place, Suite 3A, West Palm Beach, Fl, 33401

Office: 5616896660 x 107

Mobile: (561) 329-2279

Legal true life experiences, general observations and commentaries for Realtors, Lawyers and Mortgage Brokers - also see our Palm Beach County Short Sales group blog.
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