Get A Loan Mod and Get Sued?

August 3, 2009 by admin 

Christine explains how lenders are again preying on homeowners through language in loan modifications that allow them to sue homeowners for deficiencies if the homeowner modified a loan.

Related posts:

  1. The Other Reason You Didn’t Get Approved for a Loan Mod: the Pooling and Service Agreement Have you attempted to get a loan modification under the government’s Home Affordable Modification Program (“HAMP”) but been turned down?...
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  3. “Trial Period” Loan Modifications are Just Another Scam I’ve been hearing rumblings lately about how many people are easily getting into “trial period” loan modifications and the occasional...
  4. Foreclosures Are More Profitable Than Loan Modifications? The Washington Post printed an article today stating that in many cases, it’s more profitable for the lender to foreclose...
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  6. Are You Giving the Bank a Bridge Loan? Josh and I were talking today about loan modifications and Josh made an interesting comment: that loan modifications are really...
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