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NPV, "Net Present Value"

radi8

By radi8
in Foreclosures/Loan Modifications

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The last post in this topic was posted 6104 days ago. 

 

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radi8

radi8

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http://www.mortgagelawnetwork.com/?p=573#more-573

 

Alexandra Andrews and Emily Witt may have the answer, exposing the secret test that the mortgage companies run to see if they will offer a mortgage modification.

 

“NPV test fails†What the . . . .?

 

Well, NPV equals Net Present Value. Of your house.

 

 

Seems the mortgage companies will NOT modify a mortgage if they think they can get more money by foreclosing.


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