California is reinstating it's foreclosure moratorium for an additional 90 days.
JMO:
OK, I had to read the entire article twice, because my first reaction was "are you *&$@ kidding me?!". But then I read that the lenders cannot foreclose until they can provide evidence that they've attempted to modify the existing loan. I think this is a fair warning by the state that they are serious about keeping homeowners in their homes if at all possible. And that is a good thing!
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment