Lenders tighten the terms of loan modifications as prices near the peak and lenders have less risk of loss in foreclosure.
When a borrower secures a loan to purchase a house, they negotiate with lenders over the cost of borrowing (interest rate). In the wake of the new mortgage regulations,...
Loan modification entitlement curtailed as prices rise
Monday, June 29, 2015
OCHN: Loan modification entitlement curtailed as prices rise
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