Mortgage Rescue, Lenders | featured news

Mortgage Relief That's No Help To Homeowners

The case of Carrington Mortgage shows how some loan modifications benefit only the lender.

 

Foreclosures often in lenders' best interest

Foreclosures often in lenders' best interest

Policymakers have argued that it is a good deal for lenders to cut borrowers a break on mortgage payments, but foreclosing can be more profitable, experts say.

 

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