rssThe Lack of Consequences for Banks That Fail to Modify Loans
By Mary Kane |
07.30.09 | 9:14 am
Because servicers in the lending industry can make more money collecting delinquency fees on mortgages than by modifying loans, guess which road they are taking? The New York Times says today that the longer borrowers remain behind on their payments, the more money servicers collect, even after the home More…
