Mass Loan Modification
(Reuters)
Mass modification event saves U.S. homes, marriages
By Lisa Baertlein and Al Yoon
LOS ANGELES (Reuters) – Want a snapshot of the U.S. housing market? Check out a mortgage modification event — the lending equivalent of speed dating.
A recent gathering at the sprawling Los Angeles Convention Center showed the ups and downs of mortgage relief efforts with joyful tears and talk of marriages saved, but also with dashed hopes and fears of homelessness.