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Loan Modification

: Loan Modification & Home Loan News

Study Says Math Deficiencies Increase Foreclosure Risk

By Moe Bedard

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IF you can?t divide 300 by 2, should you qualify for a loan? That is one of the questions raised by a new study led by a Columbia University assistant business professor, Stephan Meier, who found that borrowers with poor math skills were three times more likely than others to go into foreclosure. Mr. Meier conceded that [...]

Full post as published by Loan Modification & Home Loan News on June 15, 2010 (boomark / email).

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