Articles Archive for June 2009
Loan Modification »
Anyone who watches the news or reads the newspaper is going to know all about the current crisis in the mortgage industry. More than eight million sub-prime loans were authorized and a huge number of them have either ended in foreclosure, or are currently at risk of doing so. While many banks are willing to refinance a loan or even offer a second mortgage that allows the homeowner to “catch up”, the United States government is advocating loan modifications through one of the programs that they have recently funded.
Roughly $75 …
