Foreclosure Crisis Won’t Be Solved by Loan Modifications
Wednesday, September 9th, 2009There has been little improvement in the foreclosure crisis.
Foreclosures are now at a record high—and expected to hit 2 million this year. It seems that companies like Bank of America and JP Morgan Chase are not prepared to handle it either. Bank of America, the largest lender in the US, had to create a special team of 8,000 people in their call center who are exclusively focused… Continue reading










