Archive for the 'Loan Modification' Category

Why Banks Hate Mortgage Modifications for Homeowners in Foreclosure

With the Big Business Bailout for Billions Act of 2008 being debated and cajoled through Congress, the attention has finally been focused back onto the people being hurt most by the financial crisis — homeowners who were taken advantage of by the Federal Reserve’s cheap money policies during the housing boom. Instead of just rescuing […]