This statistic is a strong indicator that while loan mods may be a great component in recovery it is primarily topical medicine when radiation is needed to remove the tumor. Loan mods more likely will only postpone the inevitable for the masses currently signing up for note modifications. One attorney specializing in loan modifications, James Burns Esq., said "When we speak with potential clients about modifying their loan or other options candidness is important to find the right solution." This honesty is the reason it is critical prospective candidates choose an attorney firm wisely.
With loan modifications now the dull saving grace to the foreclosure crisis where will they look next for solution?
~ Joshua Host
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