Relevant:
- Unemployment Mortgage Assistance And Foreclosure Alternatives–Can Jobless
- Are Lenders "Cherry Picking" Loan Modifications for Homeowners Facing Foreclosure?
- Short Sale Lease-Backs Make Total Sense – Fannie, Freddie and Servicers Are the Problem
- Homeowners Facing Foreclosure Benefit From Using Short Sale And Deed In Lieu Of Foreclosure Plans
- Ready, Set, BANG! Servicers Race off the HAFA Starting Line
2010-04-06 — blownmortgage.com
"The sad reality is that loan modifications are not helping most troubled homeowners save their mortgages from foreclosure. Alternatives are needed. The government has seen this, and is putting all its leverage on servicers, junior lien holders, and lenders to fast track short sales. However, many troubled homeowners are asking: Why Should I Even Try to Get a Short Sale? I am Going to Lose my Home Whatever I Do? This is a fair question."
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