LOAN MODIFICATION DIFFERENT THAN LOAN RE-FINANCE
Posted by Marc McCain on May 2, 2009 , No comment
A recent article in the Phoenix Business Journal titled “Mortgage modifications elusive” wrote of the failure of the Government’s mortgage modification plan given the sharp decline in property values in certain cities such as Phoenix, Arizona. However, the article failed to distinguish between mortgage re-financings and mortgage modifications in the residential loan market, especially for [...]
Filed under : Current Events, Law
RESIDENTIAL LOAN MODIFICATIONS
Posted by Marc McCain on February 7, 2009 , No comment
You’ve probably heard a lot about residential loan modifications lately. Probably even seen a few notorious law firms advertising on TV or been swamped with junk mail from a “modification” company. I”m getting lots of call in my office lately from people asking about loan modifications and certain claims or promises by companies. One thing [...]
Filed under : Uncategorized