Archive for November 16th, 2009


Mon
16
Nov

People Facing Foreclosure Not Legally Entitled To Loan Modifications

A decision by a federal judge in Minnesota this past week will have ramifications on loan modifications throughout the country. A lawsuit had been filed alleging that the Making Home Affordable Modification program violated the constitutional rights of people facing foreclosure.  The reason was that people who were denied a loan modification under this program [...]