In reviewing the articles that I have written in the past I discovered that while I often mentioned a certain tag line, I never really went into depth about why I believe it. So in this article I intended to explain in full light why “Loan Modifications Don’t Work!”
Tag: loss mitigation
Dear Investor: Your Servicer is Losing Your Money
An open letter to investors regarding foreclosure versus short sale.
Guess Who Wants to Foreclose on You!
Not only are mortgage industry giants Freddie Mac and Fannie Mae household names, they own most of the households in the country. So why are they the least likely to help homeowners in need of a short sale?
Home Prices Level Off in May, Are We Facing a Double Dip?
According to the Case-Shiller Index Home leveled off in May after a slight increase in April
Bad Debt: Is Your Home More of a Burden Than it’s Worth?
How to Get Out of Bad Debt Last week we established that it is a good time for people to be making real estate investments. This week I would like to take a look at those who are already in the market; and like so many people made the mistake of buying during the boom.