Foreclosure
How A FEW Are Profiting HUGELY From A Government Sweetheart Deal
February 17, 2010 by Financemyhome · Leave a Comment
If you haven’t been getting much success with a modification and wonder why-maybe this video will help explain things. As an agent who works really hard to keep people in their homes FIRST, I found this very upsetting. I can tell you many many people who would have stayed in their homes, albeit at a reduced payment if they had some payment relief. Instead, lenders foreclosed or forced a short sale and ultimately lost a lot more than the interest differential. It is sad to think that even one family might have had to leave their home because of a profit incentive that encourages it. Here is the video: http://www.thinkbigworksmall.com/mypage/archive/1/29027
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