DISQUS

Blown Mortgage: Obamas Loan Modification Success Explained

  • Las Vegas Real Estate Paul · 1 month ago
    Interestingly... with my Bank of America short sales... they have been automatically included in the Making Home Affordable program for loan modification reviews even though the sellers have absolutely no intention of staying.

    In fact.. more then once I've had to make corrections with Bank of America to move the file out of the loan modification department to the correct short sales department. (My short sale proposals CLEARLY state that the file is a short sale.)

    Do you think there is a possibility that short sales are being slammed into the loan modification review to meet some type of quota?