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  • Why Mortgage Modifications Have Failed [View article]
    If BANKS do not Foreclose .. and delay taking Title ..

    1. to Avoid Property Taxes and/or Condo Maintenance fee,

    2. to Avoid Writing Down mortgage loan to current value

    3. to Hold REO off market until prices rise..

    The Unrealistic High Price versus Current Market Value...
    only FURTHER PROLONGS HOUSING DECLINE !

    They Will Pay For Fraudalent ARM Liar Loans !
    Jul 10 17:31 pm |Rating: +1 0
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