In the continuing series in the New York Times on loan modifications and the foreclosure crisis, the reporter details the strange and disturbing links between the mortgage brokers who were involved in brokering the sub-prime mortgages which have threatened foreclosure of many New Jersey homeowners and the “loan modification” companies who now promise to negotiate better payments or avoid the loss of the same homes in foreclosure.
See the article at: http://www.nytimes.com/2009/07/20/business/20modify.html?_r=1&hp
