Lenders Not Modifying That Many Loans

Here is a sobering update on how the country’s major mortgage lenders are doing with the loan modification part of the housing market recovery plan.  In a word: Feeble.

http://www3.signonsandiego.com/stories/2009/aug/05/1b5mortgage221140-big-banks-lag-mortgage-aid/?uniontrib

Kevin P. Cummins

Realtor / Broker / Attorney

Coldwell Banker – Carmel Valley

CA Lic. # 01812762

Cell: 858-750-9577

kcummins@san.rr.com

Search the MLS on my new website at kevincumminshomes.com