Tag Archives: Short sale
Sign Of The Times - Foreclosure

Are Servicers Forgoing Loan Modifications for Foreclosure for Profits?

Image by respres via Flickr A recent report “Why Servicers Foreclose, When They Should Modify, and Other Puzzles of Servicer Behavior,” from the National Consumer Law Center (NCLC) seems to indicate that another record month of foreclosures is the result of servicers taking the more profitable road. This report makes the case that foreclosing on [...]

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