Thursday, March 4, 2010

Brief Notes

Well, things are apparently slo-o-o-o-w-ly improving. The latest updates from the government and the banking industry indicate that more and more lenders are working with borrowers who are either in trouble already or just barely avoiding it. Latest statistics show that more loan mods are getting put together, and at a somewhat faster pace than just a few months ago. How long this trend continues is anyone's guess, but it just makes good sense to do so, as any loan that is modified & avoids default and foreclosure benefits the lender as well as the borrower. Stay tuned, and we'll bring you the latest on this and other trends as soon as it becomes available.

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