LA TIMES | Banks are foreclosing while homeowners pursue loan modifications

Categorized | STOP FORECLOSURE FRAUD

LA TIMES | Banks are foreclosing while homeowners pursue loan modifications

LA TIMES | Banks are foreclosing while homeowners pursue loan modifications

Double Crossed

Lenders say ‘dual tracking’ protects their investment if the homeowner is unable to qualify for new loan terms. But regulators seeking to ban the practice say it lulls some borrowers into thinking they won’t have their homes taken away.


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