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Loan Modification

: The Truth About Mortgage.com

Treasury: No Homeowner Bailout Coming

By scot184

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A Treasury spokesman today put to rest rumors government mortgage financiers Fannie Mae and Freddie Mac were set to forgive mortgage debt for millions of American homeowners. There had been speculation the pair would soon offer principal balance reductions to underwater borrowers, those who owe more on their mortgages than the current value of their homes, [...]

Full post as published by The Truth About Mortgage.com on August 05, 2010 (boomark / email).

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