What is A Home Loan (Mortgage) Modification

[spectrum0590]

Lenders will not negotiate to modify your mortgage to their disadvantages. They usually aim for foreclosure which makes more money for them.

[spectrum2000now]

Very informative video. However, people should also be educate about handling their finances and determine the thing that they can only afford especially when availing a loan.

[HouseHopeDotInfo]

Loan mods don't work. Lenders WANT to foreclose. It doesn't cost them money. Foreclosure is a great way for the banks to make money. So is getting money from insurance companies who pay the bank when YOU default. Ever heard of "too big to fail" AIG? What a scam. YOUR MONEY went to bail out the very insurance company who PAYS BANKS when you default so that your lender can feel SAFE AND SECURE to foreclose on you! HouseHope.info is a NOT-FOR-PROFIT organization that can give you your options.

[maquita2000]

You should wear your hear without the pony tail- Smart can also be cute =)