Modifying an exsisting loan
to better terms/lower payments. Currently loan
mods are a way for a borrower of a home loan
to negotiate the terms of there mortgage. Loan Modification
officers are typically a third party out of work x-mortgage loan
officer trying to continue to make easy
money by being
a middle man involved in financial transactions.
GD:"Mortgage re-financing is terrible right now,lending sucks".
Bova: I know,where
the hell have you been, We are all doing
"Loan Mods" right now until sub-prime