From David's @BeachCitiesRealEstate Page on FB
Thursday, September 2, 2010
Finally, Banks Walk the Walk; Outrun Gov't Talk
The reality of loan modifications is finally coming to be. A great friend successfully renegotiated a large reduction in his mortgage after staying on top of the bank's modification dept. for several months - - unrelentingly! Now, banks appear to finally be catching their stride of preventing much more costly foreclosures by enabling modifications of their own - - even when the reach of our gov't's programs exceed their grasp. More: Surprise! Banks offer more modifications than Obama plan - Aug. 30, 2010 - David
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