Editor’s Note: Principal reduction can be achieved in more ways than one. Here Non-profit Lenders see the clear opportunity to buy mortgages from dubious sources and then enter into new mortgages with the homeowner thus preventing eviction and restoring the homeowner to non-distress status. The problem here is that title is not clear and eventually […]

Tags: clear title, distressed homeowners, JOHN LELAND, modification, mortgage modification, Non-profit lenders, Ny Times, Post-foreclosure relief, principal reduction, quiet title, title problems
Posted in bubble, Corruption, Eviction, securities fraud |