Thursday, September 10, 2009

Loan Modifications

Click on the link to watch a video about loan modifications from the perspective of someone who went through it. Our caution to you is that it worked for him, and very well may not work for you. What is so stupid about this current set up is:
1. You have to be late on your mortgage in order to even be considered. That makes absolutely no sense, but that is the way it is.
2. Even if you are late they do not have to do anything. It is up to their discretion.

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