Updated about 2 years ago on . Most recent reply

How likely is it that a bank will still do a loan mod if a judgement is filed?
Started working with property owners who are 60-90 days from auction. Most seem thoroughly convinced that the bank is going to come to their rescue and strike a deal.
I understand the denial that’s going on, but how likely is it that a bank will still do a loan mod if a judgement is filed?