Let’s make a deal: loan mod for 50% of price appreciation

Part 2 of 2: Preparing for an adjustable-rate reset
Published on Oct 29, 2007

Get Inman via Facebook Messenger
Our top headlines delivered once a day.
by CareyBot

(This is Part 2 of a two-part series. Read Part 1, “Too much equity can deny homeowners loan mods.”) The first article in this series pointed out that when a mortgage borrower is unable to make the required payments, the ...