Home › Forums › Housing › California lenders agree to freeze rates › “With this type of
“With this type of cooperation from loan servicers, we can save tens of thousands of people from being added to the foreclosure lists.”
Ah yes, but they should on the foreclosure because they shouldn’t have been given a loan in the first place.
Gee, I wonder how the investors in the MBS’s that were sold by the participating lenders feel about that…they’re getting hosed on this.
