Thursday, April 7, 2011

Lawsuit Reveals How a Middleman Is Blocking Mortgage Modifications for Homeowners

The bizarre and dizzying bad faith methods employed by banks that refuse to modify mortgages is detailed in a Propublica report. Banks have been seen to falsely claim that 'investor restrictions' prohibit them from making modifications, when the contracts explicitly permit them.
http://www.propublica.org/article/lawsuit-reveals-how-a-middleman-is-blocking-mortgage-modifications-for-home

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