Loan modifications always had high failure rates, but modifications since 2014 fared worse than bubble-era loan mods.
Every attempted loan modification delays a foreclosure, keeps an overextended borrower in a state of debt servitude, artificially props up home prices, and keeps much-needed...
Nearly 75% of loan modifications fail within two years
Friday, February 10, 2017
Nearly 75% of loan modifications fail within two years
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