Saturday, April 25, 2009

A Mortgage Paper Trail Often Leads to Nowhere

“This is your biggest, hugest expense â€" your home â€" and when you ask for a life-of-loan history your servicer tells you to get lost,” she said. “And when you ask for a list of charges in the loan history that’s not going to happen.”So even if loan modifications were to rise rapidly, it is unclear that borrowers can trust what lenders tell them.

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