http://www.mortgageloanplace.com/blog/2009/12/22/large-backlog-of-bank-owned-homes/ Mortgage Industry News - Today's Talk on Refinancing, Home Loans, and more Mon, 14 Jun 2010 01:21:55 +0000 hourly 1 http://wordpress.org/?v=3.0 http://www.mortgageloanplace.com/blog/2009/12/22/large-backlog-of-bank-owned-homes/comment-page-1/#comment-27587 jamie Thu, 14 Jan 2010 06:51:44 +0000 http://www.mortgageloanplace.com/blog/?p=777#comment-27587 I think that entire Obama Home Affordibility Act is a joke. My mom and I have been trying for a modification for over a year due to a severe injury and loss of employment and our lenders American Servicing Company with Wells Fargo Home Mortgage is useless. I can defintely see where homeowners are left with the no choice but to foreclosure because that short sale is a joke to as homes are sitting there people can hardly rent them let alone sell them, these big shots need to wake up and take a look around. Lenders should be willing to get a little bit more creative with homeowners and not so greedy and help the homeowners with in some what reality its better getting something then having houses sitting out there for a year with no occupancy and getting vandalized. Thank You I think that entire Obama Home Affordibility Act is a joke. My mom and I have been trying for a modification for over a year due to a severe injury and loss of employment and our lenders American Servicing Company with Wells Fargo Home Mortgage is useless. I can defintely see where homeowners are left with the no choice but to foreclosure because that short sale is a joke to as homes are sitting there people can hardly rent them let alone sell them, these big shots need to wake up and take a look around. Lenders should be willing to get a little bit more creative with homeowners and not so greedy and help the homeowners with in some what reality its better getting something then having houses sitting out there for a year with no occupancy and getting vandalized. Thank You

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