91st Day News Today : Breaking News, Live Updates & Top Stories | Vimarsana

25 years ago, you knew your banker, you could go refinance or work it out or do some kind of loss mitigation. you might not get it, but you have a discussion. borrowers in my state can't even get their lender on the phone. and when they do, when they do and if they do, they're being told, look, do it for -- pay $900 for -- versus $1,000 for 90 days. if you do that, we'll modify your mortgage. 91st day comes along, 95th day, 100th day, the bank comes along and says, we're foreclosing. they say, wait, we have a deal. they say, what deal are you talking about? they haven't talked in-house in the ...

You can get through to your lender, i can afford $900, not $1,000 a month, and if you do that, we will modify it, and the 91st day comes around, and then they say you did not do it. >> people are having conversations and there's an agreed upon terms about modifying the payments for a short term, and then those agreed upon terms are being used as evidence of being in default on the mortgage itself and leading into foreclosure. >> yes, breaching and then using it as evidence for foreclosure. that's the investigation that tom miller and lisa and all the attorneys generals are focusing on, and tha...