Posts Tagged ‘foreclosure rates’
The Loan Modification Outlet interviews Jeff Morris, former Ditech executive about the market for loan modification agreements. Morris discusses the simple economics that mortgage lenders do not want to take homes anymore in foreclosure because the home values have declined so much. It makes financial sense for them to extedn loan workouts with low rate loan modifications rather than seizing properties from home loan defaults. Mortgage lenders continue to report that foreclosures rates are too fast for their mortgage relief teams to keep up with demand. Take advantageous of record low rates and modify your mortgage to save money every month.
For Loan Relief Advice, Call Jeff Morris at 866-945-6263 or check us out online at http://www.LoanModificationOutlet.com
Duration : 0:4:45