Feedback – Mortgage Problems
What is the Problem?
This one comes from a youtube viewer D. Lignell.
'I found this very helpful and informative. I would love to know more about the way mortgages work. I am attempting to get a loan modification and assumed the bank I pay the payment to, was the only party involved. I then learned there is a separate “funder” of the loan who apparently does not like, or have to participate in, the modification process. This is my second go around and so far they seem much more helpful. I’m keeping the faith!'
As mentioned in the program. You can download ‘Mortgages: Conduct of Business (MCOB) rules‘ from this link.
Simon's response to this is very eye opening…
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