Previous loan modifications and old HELOCs face reseting to higher rates and recasting to full amortization likely leading to further loan modification.
Lenders don’t want to modify loans. They would far rather have the borrower pay in accordance with the promissory note they both signed when t...
GSEs prepare to can-kick bad loans again as loan modifications reset
Friday, November 13, 2015
OCHN: GSEs prepare to can-kick bad loans again as loan modifications reset
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