Archive for April 27th, 2010

Frequent Questions about Loan Modification

Posted on April 27, 2010. Filed under: Uncategorized | Tags: , |

A Loan Modification is a permanent change in one or more of the terms of a mortgagor’s loan, allows the loan to be reinstated, and results in a payment the mortgagor can afford. Question 1: In utilizing the Loan Modification option to bring an asset current, can the mortgagee include all fees and corporate advances? [...]

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