Saturday, October 22, 2011
Loan Modification Help Center - Truth About Lenders
Did you know that California lenders must accept loan modifications? A law that was enacted in July of 2008 required lenders of residential loans in California to accept loan modifications in most foreclosure situations. This law assists consumers and homeowners quite a bit, making a California home loan modification much easier to achieve. This law applies to all mortgage loans made from January 2003 through December 2007; obviously these are the years that the most people signed up for
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