News Sources wrote an interesting post today on
Here’s a quick excerpt
The infamous Indymac Bank (One West) has once again refused to modify our house mortgage. What is the excuse this time? “Your expense/income ratio does not fit into our system.” Huh? When asked for clarification, the service representative explained that our expenses are much more than our income, hence the loan could not be modified. Yes, well of course our expenses are more than our income. That is precisely why we are seeking a loan modification!! If our income was more than expense

Read the rest of this great post here

This entry was posted on Wednesday, September 2nd, 2009 at 4:14 pm and is filed under Mortgage Loans News.You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.