Not only that, but banks still expect their monthly mortgage payment if they are not going to foreclose on you. Applying for a mortgage modification does not stop the earth spinning and it does not stop the bank from demanding that you live up to your obligations.
Related news:
December 15, 2010
- Huffington Post: 2,500 Homeowners Put In Foreclosure While Awaiting Mortgage Modifications: Attorneys
- Subsidizing Underwater Homeowners
- Interest Rates Rise, Mortgage Applications Fall
- Federal Reserve Determined To Keep Short-Term Interest Rates Near Zero Until Unemployment Falls
- Mortgage Bond Slump Hurts Housing Market
- How To Shop For A Home Loan?
- What Constitutes A Qualified Mortgage?
- Racial Bias In Lending?
- Want To Buy Some Mortgage-Backed Securities?
- Republicans Blame Government Housing Policy For 2008 Real Estate Crash
- How Do You Get A Bank Loan?
- The Return Of Credit Card Offers
- The Best Explanation I've Read For Credit Scores
- What Is A Good Credit Score?
- Your Credit Score Is High, But You Still Can't Get A Mortgage?
- Prosecution Urged Against Mortgage Lenders
- Should We Force Banks To Hold On To More Of Their Mortgage Loans?
- A Bank Critic Will head the enforcement division of the new Consumer Financial Protection Bureau
- Mortgage Rates Jump
December 14, 2010
- What Is Your Ticket To A Refinance?
- Mortgage Bonds Not Selling, Therefore Interest Rates Rising
- Reports Of Mortgage Fraud Rise 7% In First Half Of 2010
- A Simple Inquiry May Have Dropped His Credit Score 40 Points?
- Haste Makes Waste With Foreclosures
- Mortgage Rates Approach 5%
- Obama's Home Affordable Modification Program (HAMP) Struggles To Refine Its Goals
- Wells Fargo Wants Stricter Mortgage Rules
- Sacramento Flooded By Underwater Homes
- The Bipolar Housing Market
- Indiana Mortgage Company Plans Massive Expansion
