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: Mortgage Lender Implode-o-Meter

Reporting on Ongoing Outcomes Using the REST Report

By Implode-Explode Heavy Industries

``... if there?s been a constant in the loan modification game, it?s been the REST Report. Homeowners who submit a REST Report to their lender or servicer do in fact get a positive outcome most, if not all of the time. And when they don?t get a positive result initially, they have a basis for appeal and escalation and from that process they emerge victorious far more often than not. Truth be told, I have only heard of a handful of cases that don?t end happily, although there are certainly many in progress at this time. Each of those are quite the statement, I realize.''

Full post as published by Mortgage Lender Implode-o-Meter on September 23, 2010 (boomark / email).