Workout Loans – Are they really the answer?
by Tom on November 15, 2008
in Market Musings
A workout loan can be a win-win solution to avoiding foreclosure
My friend and co-author at Bloodhound, Greg Swann does a wonderful job of explaining how the loan modifications that Fannie and Freddie are talking about work and whether they’ll be a good deal. He explains it a lot better than what I did on my Mortgage Market Week in Review.
Read his entire article, it’s well worth the time!
Thanks for this article. It was very helpful and easy to understand.