Homeowners Make Money by Not Foreclosing
According to Guy Cecala, publisher of Inside Mortgage Finance, lenders are learning that several borrowers are willing to they wait for a loan modification even at the risk of repossession. In a loan modification, the monthly note is reduced to avoid …
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GOP Hopefuls Blast Housing Aid
by Alex Ferreras on January 25, 2012 in Mortgage Assistance (Source: Kimberly Miller The Palm Beach Post, Fla.) – Housing is one of Florida's most complex problems, a hurdle that has stymied the economic recovery, overwhelmed the state's judicial …
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