BiggerPockets

are we going to see a downturn in loan modification industry

Monday, July 06

Many people have been asking me as to how long will the loan modification industry be booming ,my simple answer to them is .....Loan Modification was always there ....only then it used to be called loss mitigation.

But with the recent sub-prime crisis ...loan modification has got more press coverage and a lot many of mortgage brokers entering into the industry.Honestly speaking i dont see a significant downturn for next 2years in this industry.Maybe we will see a boom in both refi segment and loan mod segments in coming months.

Lets wait and see

Loan Modification Leads Expert 

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