Leading Mortgage Firms May Be Forced To Reduce Loan Balances For Distressed Homeowners

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Leading Mortgage Firms May Be Forced To Reduce Loan Balances For Distressed Homeowners

Leading Mortgage Firms May Be Forced To Reduce Loan Balances For Distressed Homeowners

For those of you that disagree, please read this post to understand why this makes perfect sense…

HuffPo-

The nation’s five largest mortgage firms may be forced to reduce loan balances for distressed homeowners as part of an agreement with state attorneys general and the Obama administration to settle claims of faulty mortgage practices, a top state official involved in the negotiations said Tuesday.


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