Question about loan modifications?

When you are going through the loan modification process, are you required to pay your mortgage after your house has been taken out of foreclosure?

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One Response to Question about loan modifications?

  1. Rush is a band says:

    YES!

    Why on earth would you think that you wouldn’t have to pay your mortgage? The point of modification is to make it more affordable – it doesn’t eliminate it.

    Was your question poorly worded? Do you mean do you have to pay the payments that are in arrears (the ones you previously missed)? Is there something else I’m missing?

    good luck!

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