Jon Bellomo, VP of Operations of Mortgage Recovery, discusses the Real Estate Settlement Procedures Act and Truth in Lending laws and how they can relate to Loan Modifications.
Mortgage Recovery completes a full forensic audit of each client's file to ensure they have not been the victim of predatory lending; as a precursor to assembling a thorough Loan Modification proposal. The result is more successful Loan Modifications and more families saved from foreclosure.
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