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Real Estate & Property Law

: The Home Equity Theft Reporter

Government Will Attempt To Shame The Shameless Into Increasing Permanent Loan Modifications

By r morris

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The New York Times reports:The Obama administration to[day] plans to announce a campaign to pressure mortgage companies to reduce payments for many more troubled homeowners, as evidence mounts that a $75 billion taxpayer-financed effort aimed at stemming foreclosures is foundering. "The banks are not doing a good enough job,?? Michael S. Barr, Treasury?s assistant secretary for financial

Full post as published by The Home Equity Theft Reporter on November 30, 2009 (boomark / email).

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