The blog ChicagoNow has an interesting post about people's experiences with obtaining loan modifications.
Since I'm not a fan of reposting, I'll simply allow you to follow the link and read the post. It's really quite disturbing and absurd at the same time. From answering a seemingly innocuous question incorrectly to stealth home sales to dirty tricks with checking accounts, there are many ways in which people are denied modifications. The lesson learned? The bank doesn't have your interest at heart, its main goal is to increase shareholder value.
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