Most Lenders Still Choose Foreclosure

If your a lender and you tell the Press/Public that Foreclosures are bad and that your doing every thing you can not to foreclose, follow through.  The Truth about Mortgage reports a survey by California Reinvestment Collation "survey says few lenders making loan modifications".  The survey finds that while lenders have the intent to avoid foreclosure they are none the less avoiding loan modifications and foreclosing.  

Comments [0]
All comments require the approval of the site owner before being displayed.
Name
E-mail
(will show your gravatar icon)
Home page

Comment (Some html is allowed: a@href@title, b, blockquote@cite, em, i, strike, strong, sub, super, u) where the @ means "attribute." For example, you can use <a href="" title=""> or <blockquote cite="Scott">.  

Enter the code shown (prevents robots):

Live Comment Preview