Is anyone going to do anything about the added interest in these home loans? The modification process is taking months almost 2 years in some cases. From my experience the lender will not accept payment during this process. Which means that there is compounding interest daily on the past due amount as well as late fees! Who will help the homeowners with this? Why are these corporate investors allowed to do this? Can't limits be set? Homeowners trying to get back their homes after a devastation to their income and pending foreclosure are not in a position to negotiate... Lenders are adding thousands of dollars to these loans. Where is the governments stand on this?
All I can say is GET OUT AN VOTE at the next elections we need to clear the house out and get individuals that have a clear objective to help the consumers and not anyone that comes with drama from the gate like where they were born! Can I say get a clue people! I didn't vote Obama and am proud to say my gut is never wrong. If you pray, now is the time to pray for our future.
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