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Loan Modification

: Loan Modification & Home Loan News

California foreclosure bill is losing steam

By Moe Bedard

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A state legislative effort to save homeowners from foreclosure that once seemed to enjoy broad support is close to failing in the wake of an intense banking industry lobbying effort in Sacramento. SB1275 would require lenders to provide homeowners with a fully considered decision on a loan modification prior to starting foreclosure. The bill addresses [...]

Full post as published by Loan Modification & Home Loan News on August 27, 2010 (boomark / email).

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