http://www.creditinfocenter.com/wordpress/2009/03/05/new-loan-modification-program-the-details/ For the Up To Date News Fri, 12 Mar 2010 06:49:26 +0000 http://wordpress.org/?v=abc hourly 1 http://www.creditinfocenter.com/wordpress/2009/03/05/new-loan-modification-program-the-details/comment-page-1/#comment-1733 Michael Fri, 10 Apr 2009 17:54:48 +0000 http://www.creditinfocenter.com/wordpress/?p=554#comment-1733 The banks should WANT to salvage the loans. Most are not wanting anything Free .. Just lower the rates and restructure existing loans to 1 - 2% over 30-35 years, and they will pay them off, even if the homes are not worth it today. No one wants a foreclosure, nor bad credit, just affordable payments. They agreed to the purchase price, and are willing to pay them off, but need fixed loan payoff terms they can afford. The banks should WANT to salvage the loans. Most are not wanting anything Free .. Just lower the rates and restructure existing loans to 1 – 2% over 30-35 years, and they will pay them off, even if the homes are not worth it today. No one wants a foreclosure, nor bad credit, just affordable payments. They agreed to the purchase price, and are willing to pay them off, but need fixed loan payoff terms they can afford.

]]> http://www.creditinfocenter.com/wordpress/2009/03/05/new-loan-modification-program-the-details/comment-page-1/#comment-1674 Nick Fri, 06 Mar 2009 03:54:45 +0000 http://www.creditinfocenter.com/wordpress/?p=554#comment-1674 I hope this passes. I think this will be the most legitimate financial recourse aside from payday loans or <a href="www.legalcaselender.com" rel="nofollow">lawsuit loans</a> I hope this passes. I think this will be the most legitimate financial recourse aside from payday loans or lawsuit loans

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