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Loan Modification
: Mortgage Lender Implode-o-MeterSurprisingly, Underwater Borrowers Say Owning Beats Renting
By Implode-Explode Heavy Industries
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"The survey from Fannie Mae reveals lots of interesting insights like this one: homeowners who are underwater, or owe more than their homes are worth, are more likely to view housing as a safe investment than renters. "Full post as published by Mortgage Lender Implode-o-Meter on September 16, 2010 (boomark / email).
Lawsuits and Settlements
Countrywide Financial Corp.
allegedly charged borrowers improper foreclosure fees.
Wesley A. Snyder et al.
alleging the consultants perpetrated a Ponzi scheme by encouraging borrowers to lend more than they needed.
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