Having Trouble With Your Loan Mod? Read This
Countless readers of this blog have expressed their frustrations over the slow process that is the government’s Making Home Affordable program. As a last resort, readers have asked us about some form of recourse to the modification process that has seemingly stalled at the hands of their lenders.
Many of the complaints we have received have been from borrowers who claim that their lender has either “lost” or “misplaced” their paperwork. Borrowers have been told to resend their applications, adding weeks, if not months, onto the process.
