Posts Tagged ‘ borrow ’

Sometimes Loan Modification Results In Higher Payments. Attorney Tim McFarlin Offers Advice For Borrowers.

IRVINE, CA (AttorneyNewswire.com) — August 6, 2010 — The intended purpose of a loan modification is to lower monthly mortgage payments for the borrower, usually as an alternative to foreclosure.  This tactic is often preferred over foreclosure because of how expensive a foreclosure can be for the lender.  The reason why loan modifications have...
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