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April 2008
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Archive for April, 2008

7 Out of 10 Foreclosure Candidates Left Helpless

Foreclosure filings too high for mortgage servicers to handle
Voluntary industry efforts to address the mortgage Foreclosure crisis are not keeping up with the rising number of homeowners in trouble. Lenders and loan servicers have increased their loss mitigation efforts in recent months, turning more to loan modifications than putting homeowners on repayment plans that do [...]