Relevant:
- California SB 94 on Loan Modifications Passes Assembly 62-10
- Flippers in Burbank and the logic behind down payments. Flippers are now making their way into many cities in the region trying quick flips for six-figure gains.
- loan servicers complete more permanent loan modifications
- hope now loan modifications top 1.5 million
- Mortgage Modifications Are Not Only For The Poor
2010-04-03 — blownmortgage.com
"The numbers show that loan modifications and the programs that promote them are not providing the solution hoped for. Could house flippers provide the stability that lenders, servicers and the government have failed to deliver?"
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