This weeks industry call was somewhat eye opening for 2 reasons.
First, lenders now have all of the info on the Obama housing plan and how it will affect them.
Second, is that to date, there have been NO takers for the public (94%)/private (6%) partnership to buy $1 trillion of toxic assets to get them off the lenders books. (more…)
This video interview details the issue of the “scam” loan modification companies that have received so much attention in the press as of late. Todd and Eric discuss how to tell if the modification company you are dealing with is qualified to help you, the reality behind the responses from the government and the press, and more.
Enjoy!