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Thread: Loan Modification
- 07-23-2009 04:08 AM #1
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Loan Modification
In utilizing the Loan Modification option to bring an asset current, can the mortgagee include all fees and corporate advances?
Anyone give me some comments about my question.
- 11-11-2009 11:36 PM #2
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Loan modification provide no harm is done to the home owner's credit rating.
Homeowner's avoid foreclosure and can sell the home later on if they choose for a good market value.Mortgage debt is "forgiven" instead of settling through stressful, and sometimes embarrassing, legal proceedings.
- 11-12-2009 10:52 PM #3
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I agree with Takeshi, and i think loan modification is a good idea in almost all cases.



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