Why Loan Modifications Do Not Work

February 24, 2010

I have sent this video to several Real Estate Brokers and loan officers and it appears to be true. So this explains in detail why loan modifications have fallen on deaf ears for the most part. Based on this information I would recommend a short sale to all homeowners that are struggling with their current mortgage. Make sure the agent you pick knows the short sale process.

http://www.thinkbigworksmall.com/mypage/player/tbws/23088/1287086

http://articles.latimes.com/2009/mar/20/business/fi-indymac20

Contact Chuck Stanley, chuckstanley@sbcglobal.net or 530-318-8830.

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