Thank you for sharing this article with the loansafe community. Every post on here is greatly appreciated. Have a marry Christmas and hope to hear from you again on the forum soon.
Best Regards,
Alex
The scope of the problem is that you have millions and millions of mortgages going into foreclosure. Hence, many mistakes will be made and when a mistake is made with a mortgage it can mean a foreclosure gone bad.
Often these are "human" mistakes by employees or contractors for these lenders etc.
Best Regards,
Maurice Bedard
Founder of LoanSafe.org
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So what I got from this article Fannie and Freddie is pushing home foreclosures, and the banks pushing foreclosures. Then who is on the home owners side?
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