Tag Archive | "Nick Timiraos"

Are Loan Mods Just Another Exotic Mortgage?

Thursday, January 14, 2010

2 Comments

Are Loan Mods Just Another Exotic Mortgage? This is a great question and I’m not the only one asking it.  The following article challenges the view of loan mods as a long term solution.  It is said that when the “step up” interest rate settles after 5 years in its permanent place, there will be [...]

Continue reading...