Homeowners are still facing lots of resistance and sometime total lack of cooperation from both their lenders and servicers. It was the hope of all of us that the servicers and lenders would pick up the pace after the Obama Plan, but unfortunately, it is not the case. The laziness and lack of coperations from both of them is still on going increasing both the frustration level as well as the rate of foreclosures throughout USA.
Here, it is the frontpage story from NY Times.
http://www.nytimes.com/2009/06/29/business/29loanmod.html
Saturday, July 11, 2009
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