2009-01-04 — ml-implode.com
The Orange County Register reports Citi has given former Quick Loan Funding founder and CEO Daniel Sadek a loan modification on his property at 65 Briar Lane in Irvine, CA - a modification on which he is now $34,888 in arrears.
What should amaze anyone is not the default, but rather that someone like Sadek got the loan modified at all!
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Comments:
mortgagemess at 10:04 2009-01-05 said:
Loan modifications are the new in thing.. except for poor people..they just get to lose their homes! Permalinkmortgagemess at 10:05 2009-01-05 said:
I am sure there is a LONG LONG LONG list of former and current mortgage brokers who are abusing the system once again....for themselves.. Permalinkadd a comment | go to forum thread
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