From the Mortgage Bankers Association web site:
"The mortgage lending industry is engaged in an historic effort to assist distressed borrowers. Lenders want to avoid foreclosures whenever possible, and government and private-sector efforts to work with borrowers to avoid foreclosure are starting to take hold. "
Read the complete mortgage banker press release.
Related Florida real estate views:
Washington Mutual helps more than 7500 homeowners avoid foreclosure
HUD program offers hope to Floridians
FHA expected to help thousands avoid foreclosure
- Greg Staker Watson Realty Corp. 407-304-0255
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