Mortgage loan modification programs
Are there any federal Mortgage loan modification programs available to citizens?
Desperate homeowners line up for mortgage modification marathon:
Before dawn, with a plump white moon overhead, a line of desperate homeÂowners trailed around the outside of the building. They slept in beach chairs or on blankets on the ground, refugees from a bad economy, bad loans, or bad decisions. Ref. Source 9
Some want to stop dual track of loan mods, foreclosures
It's one of the more bewildering aspects of the mortgage crisis for struggling homeowners - a bank processing a loan modification and proceeding with foreclosure at the same time. San Diego's Juan Vargas blocked a bill to end the simultaneous approach. Ref. Source 1