Letter to the Editor: Nonprofit Loan Mod Resource Being Wasted
American Banker | Friday, August 28, 2009
To the Editor:
In the Aug. 10 issue, 'Putting Mods' Glacial Pace in Context' suggests that it is only reasonable that servicers take time to gather all of the relevant information for a mortgage modification before proceeding. We agree. We just wish that they did so on a broader scale...