New Consumer Article: How Loan Modification Benefits The Real Estate Markets
Today's new consumer article is How Loan Modification Benefits The Real Estate Markets, in which I discuss the benefits that everyone, even those who aren't in trouble, get out of the loan modification program. A lot of people get upset because folks who weren't careful are getting rewarded for reckless behavior. To tell the truth, I have quite a bit of understanding for that viewpoint. However, even the people who didn't overstretch will be getting benefits from not having as many forced sale properties on the market.
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Logical failures (straw man, ad hominem, red herring, etcetera) will be pointed out - and I hope you'll point out any such errors I make as well. If there's something you don't understand, ask.
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