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August 23, 2009 | Joe Gross | Comments 0 | Filed Under: DailyForeclosureGovernmentNewsWall StreetWorld

Bank Chief Addresses Loan Modification Concerns

PHOENIX — Complaints about banks and other mortgage servicers are common these days.

Kathy Batchelder, a Gilbert, Ariz., grandmother, is one of the many struggling homeowners frustrated with her bank.

Batchelder said she’s worked for more than a year to lower her mortgage payment so she can stay in her home.

“I want to sit down and just cry,” said Kathy Batchelder.

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