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  1. 12-08-2010, 12:44 AM #1
    loanrecourse's Avatar
    loanrecourse
    loanrecourse is offline Fixer Upper
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    Howard Cohen hasn’t paid the loan on his Tukwila (Wash.) home in a year, and when he heard in mid-September that Ally Financial’s (GJM) GMAC Mortgage unit was suspending foreclosure evictions in 23 states, it gave him hope. “Maybe I’ll stay in my house, too,” says Cohen, a 57-year-old commercial-loan broker whose business fell off after the financial crisis. Cohen was encouraged even though his mortgage servicer, Bank of America (BAC), hasn’t reported any irregularities.
    Last edited by loanrecourse; 12-08-2010 at 12:45 AM. Reason: my post are not shown properly
    loan recourse guarantee , mortgage loan , foreclosure homes , short sales in California , recourse loan foreclosure
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