Nothing like kicking off the new year on a positive note. And, I can assure you, what you are about to read is anything but “positive.”
In fact, when it comes to the ever expanding subprime mortgage fiasco,the fun, say some experts, is only about to begin.
Before 2008 slips into 2009, some 1.8 million homeowners are [...]
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Joshua Dorkin
Charles Feldman
Ted Karsch.
Servicers Incentivized To Modify Loans Under Obama Plan – Is It Enough?
by Rob K. Blake | February 22, 2009The Obama $75 Billion housing stabilization plan holds pieces which are designed to help stem foreclosures and help those already in foreclosure with loan modifications. Currently servicers have shown no real signs of wanting to modify loans, but this new plan hopes to change their collective minds.
Will the Housing Stabilization Plan Work?
I’ll get to [...]