During the heady days of 2004-2006 many people got loans that they could not afford. The main difference is that some of them knew what they were doing when they did it and others were duped, pressured or outright lied to by unscrupulous lenders looking to close another deal.
A few days ago in the Los Angeles Times there was an article detailing a new service that will look over your loan documetns and check it for errors. These errors could give you legal recourse against the bank and perhaps help you if you are looking to modify your loan rate and terms in order to hold onto your property.
I have included the link here: LA Times Story On Loan Document Errors
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment