Relevant:
- Lending Industry Attacks California Homeowner's Rights to Legal Representation
- A Bill in California Will Establish That Lawyers Cannot Be Trusted
- Gov. Schwarzenegger Move Will Deprive Homeowners of Legal Representation When Negotiating a Loan Modifications
- Loan Modifications Are They Worth It – An Overview In Simple English
- hope now loan modifications more than double hamp in 2010
2009-05-19 — ml-implode.com
I understand that the president has provided generous funding to numerous nonprofits so that they can provide guidance to homeowners that are trying to obtain loan modifications. And I think that’s fine. Not everyone can afford to hire an expert to represent them in their negotiations with lenders or servicers, so in my view having a nonprofit alternative is a good thing. But surely not to the exclusion of private sector representation, right? He can’t mean that, can he?
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