by Moe Bedard
Hi! My name is Moe Bedard and I am the founder of LoanWorkout.org and LoanSafe.org. I am also the author of a new free do it yourself loan modification book for homeowners called Saving the Dream. This book is dedicated to the millions of suffering homeowners out there on Main Street who need some help [...]
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by Moe Bedard
“Everybody is stalled 100%; the lenders aren’t doing anything” with modifications, said Moe Bedard, president of Loan Safe Solutions, a Corona, Calif.-based firm that does mortgage auditing for attorneys. Some shadow inventory may not be listed publicly because some lenders sell foreclosures via in-house divisions, says Bedard. Or, lenders may be selling the defaulted paper to investors. But these gray market sales can’t account for all unlisted foreclosed properties.
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