Stop Foreclosure New Rules – All Lenders in North Carolina Can Help Homeowners to Stop Home Foreclosures
Good news for all troubled homeowners in North Carolina – The local banking regulators have recently approved new rules that could stop home foreclosures.
Based on the Winston-Salem Journal:
“The rules, which went into effect yesterday, say that companies that service mortgages must stop foreclosure activity once a homeowner asks for a loan modification.”
It means that lenders can carry on with the foreclosure process at the same time they are assisting homeowners to overcome their home foreclosure problems.
via Winston-Salem Journal