Home › Forums › Housing › Why not fake default to get a lower rate › I am aware that there is a
I am aware that there is a moral piece to this… I am only concerned with the business side of the equation.
Sounds like the problem that got people into the mortgage mess.
Ditto what SDR said. You are not likely to get a loan mod at this time without full documentation.
Ironic isn’t it? Only after the mess is made are the rules enforced.