Why Are Loan Modifications so Rare, Despite so Many in the Process?
For lenders, there is every incentive to negotiate with homeowners for a mortgage modification. Thus, the very few number of borrowers who end up receiving any help should surprise everyone.
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Blog provided ForeclosureFish.com, bringing you the latest foreclosure news, tips and ideas on loan modification, refinancing, and other ways to save your home.
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- ForeclosureFish
- ForeclosureFish.com is designed to help homeowners gain access to the online resources that are necessary to stop foreclosure. This includes providing information to foreclosure victims in a variety of formats both on and off the main website. ForeclosureFish believes in personal responsibility and that homeowners are better off learning about foreclosure and attempting to save their homes on their own, relying on third party assistance only as a last resort.
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