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Old 01-20-2007, 10:18 PM
saveahome123@aol.com saveahome123@aol.com is offline
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Default foreclosure bailouts

we do foreclosure bailouts all 50 states

no fico
foreclosure bailouts
70% ltv's residentail ------- comm. 75% ltv's
rates 11.5-13% 2-4 pts.need @ least 12-20 days
2nds possible
need a full package to close asap



contact saveahome123@aol.com
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Old 07-24-2008, 01:25 PM
magma magma is offline
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I found this quote from the May 9, 2007 edition of the San Diego Union-Tribune daily newspaper in an article on how mortgage companies are trying now to help people save their homes.

"We would much rather work with a borrower than go through the foreclosure process," said Steve Bailey, Countrywide's senior managing director of loan administration. "We lose money on a foreclosure, the borrower is out of their home, and nobody is happy. The math works against us."
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