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June 26, 2011

Anyone actually getting loan modifications?

June 26, 2011

Anyone actually getting loan modifications?

As Bloomberg notes, loan modifications are still stumbling along (click pic). Besides mortgage industry colleagues I know who have chosen to specialize exclusively in loan modifications, no other sources I’m aware of are working for borrowers seeking loan modifications. And forget attorneys who’ve seen this problem as a money-maker. They don’t know the industry, and they usually charge up-front with no guarantee.