2010-03-25walletpop.com

For homeowners struggling to make their mortgage payments, a mortgage loan modification could be a way to stave off foreclosure.

With a mortgage loan modification, the lender makes a permanent change to the original mortgage agreement so the homeowner can continue making monthly payments. There are several different ways a mortgage can be modified.



Comments:

mortgagemess at 13:42 2010-03-25 said:
With a mortgage loan modification, the lender makes a permanent change to the original mortgage agreement ...

BINGO..that word PERMANENT...seems very foreign to LENDERS!! Permalink

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