Trying to Negotiate a Loan Modification? (Part 3)

Now this article in today’s New York Times.  Being someone who deals with mortgage servicing companies everyday, it does strike me that they act as though their duty is to themselves rather than the investors who own the loans, the homeowners who are desperately trying to stay in their homes, or the government that wants them to work with the homeowners.  I had thought they aren’t competent, but it appears from the article that they don’t know what they’re doing.

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