Loan Modification Help Center Federal Law Governing Mortgage Lending
Over the course of the last year, federal laws regarding loan modifications have changed radically. Between the end of George W. Bush's presidency and Barak Obama's new administration, federal laws have opened new opportunities for homeowners to avert foreclosure and have access to loan modifications.
Basically, there are four core laws which create the guidelines for all mortgages. These laws attempt to make the
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