Should I do Loan Modification or Short Sale in Michigan

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In 2011 CNBC reported on a story from entrepreneur Jeremy Brandt that some lenders have been accused of engaging in fraud during the short sale process.[9] The fraud involves lenders in second position demanding kickbacks in the form of cash payments from the home buyer or real estate agent, and that are not disclosed anywhere on closing documents or HUD-1 statement. This is in violation of RESPA rules, which require disclosure of such payments.