Lack of stimulus for mortgage modifications
Regarding an Article from the Wall Street Journal:
Wasn’t one of the major selling points for the stimulus package to help people who were falling behind in their mortgage payments? Apperently some of the major banks didnt receive the memo until last month. And even when they did get the memo, the time it takes to get your mortgage modified may take three months if not longer. Congress’ new plan for modifying mortgages Doesnt seem to be much of a relief, seems more like of a headache at the moment.
