Thursday, September 13, 2007

Modified mortgages: Lenders talking, then balking (San Francisco Chronicle)

Congress, banking regulators and President Bush all are plugging a potential way for subprime borrowers to avert foreclosure. Called loan modification or loan workout, it means changing a mortgage's terms to make the payments more affordable. Mortgage lenders...

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[Source: Yahoo! News Search Results for mortgages]

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