18
Feb
Want to know why Loan Modifications may not be working??? I may have the answer!
Author: Daniel Sosa // Category: Loan Modifications, Mortgage Guidelines, Mortgage News, Weekly ReviewIt’s strange how you have the Government allowing lenders to “modify” borrowers loans into payments that they can afford in an effort to boost the industry all the while to prevent foreclosures/short sales from occurring. Yet, less than 10% of all Loan Modifications actually get approved. WHY IS THAT? You won’t believe the sweetheart deal that Indymac Bank was given by the FDIC. It may make you very angry to realize the truth. Share this video with everyone that you know. Let everyone know where the REAL problems lie.