Fight Foreclosure: Buying More Time
October 6, 2008
Here’s the insanity of the mortgage mess created by lenders: a homeowner gets behind a few payments, gets back on her feet and when she tries to pay, they won’t take her money. No, apparently lenders would rather have the taxpayers’ money. “How can this be?” you ask. No lender WANTS to foreclose, right? (see related articles “Mortgage Work-Out Myth” and “Mortgage Servicers Secret”) Just watch this story from the Tampa NBC affliliate WFLA which highlights the ridiculous brick wall many homeowners run into when they get behind in payments and try to catch up.
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