In this article...
Talks to the reality that people are losing their homes at an alarming rate.
"We are behind the curve. We are falling behind," Sheila Bair, head of the Federal Deposit Insurance Corp. told a Senate hearing Thursday. "There has been some progress, but it's not been enough, and we need to act. And we need to act quickly, and we need to act dramatically to have more wide-scale, systematic (loan) modifications...."
The article goes to talk about 5 reasons why this is so hard to fix...
1. Crashing Home Prices
2. Investor Speculation
3. Complex Investments
4. Job Losses
5. Falling behind Again
I hope that more people read these articles and take more proactive action regarding loan modifications We would love to help...
Corey Goldstein founder of FixMyReport.com
An Expert on credit and commercial financing for investors, builders and developers. Extraordinary solutions for unique clients. He can be reached via email by clicking here or call him directly at 858-270-0251.
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