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[+] Comment on "First American releases HARP 2.0 Program" - Source of Title/OH (4 replies)
1/5/2012 1:31:34 PM (3181 views)

[-] Pilot " principal write down" program - Leigh Attridge/MA (2 replies)
1/4/2012 4:39:05 PM (4193 views)
I don't think this will ever catch on - Slade Smith/OH
1/5/2012 2:23:57 PM (2305 views)
Principal Reduction MYTH - Victoria Moate/NJ
2/20/2012 7:46:31 PM (2152 views)
The banks don't money on this.  It is easier to foreclose and sell the property, get the tax credits, government rebates and bail-outs than to keep a person in their house.

The ONLY time, it might serve the owner of the property is if the house is underwater and the bank wants to avoid "strategic foreclosure" from the property owner.  In other words, the owner is willing to walk away since there is no equity in the house anymore and is worth less than the mortgage.

Banks are greedy.  Regardless of the recent mortgage "Settlement", you are not going to see the people who are in REAL dire straights with their bank/mortgage get any kind of relief from the settlement or the banks.

You have to remember, the banks have 100s (1000's) of "investors" into their sliced and diced mortgage securities.  The bottom line is always priority #1.to post a reply: login - or - register



Site Maintenance - Slade Smith/OH
1/3/2012 6:52:14 PM (1917 views)

[+] E & O Insurance - Nancy McDonald/AL (4 replies)
1/3/2012 7:20:02 AM (2915 views)

The Joy of Quiet - Leigh Attridge/MA
12/30/2011 9:21:09 AM (3764 views)


Real Title Services


[+] Coast to Coast dead beat company - Marian Severance/PA (6 replies)
12/29/2011 7:07:29 AM (3002 views)

[+] Comment on "Title Agent Gets Two Years for Stealing Escrow Money to Buy Her Home" - Source of Title/OH (5 replies)
12/28/2011 2:19:22 PM (2519 views)

[+] Commission advances? Now this is scarey - CHARLENE  PERRY/MD (1 reply)
12/28/2011 2:18:30 PM (4207 views)

[+] Texas Cash out - LORRAINE CHRISTOPHER/TX (3 replies)
12/27/2011 5:24:03 PM (2527 views)

[+] Express National - Las Vegas non-pay - Anita Binns/IL (15 replies)
12/27/2011 2:26:05 PM (4825 views)

Findthefraud.com - Leigh Attridge/MA
12/22/2011 12:11:27 PM (4339 views)

[+] Abstrax - Deborah Jackson/GA (6 replies)
12/22/2011 11:12:53 AM (3319 views)

335 Million Settlement on C'wide Lending Bias - Leigh Attridge/MA
12/21/2011 6:58:31 PM (3714 views)

[+] Schey v Johnson teardown in Mhead - Leigh Attridge/MA (2 replies)
12/20/2011 4:28:14 PM (4503 views)

[+] Comment on "Rich Bank, Poor Bank" - Source of Title/OH (2 replies)
12/20/2011 1:56:32 PM (2318 views)


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