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High Chances of Re-Default in Obama's $75 Billion Program to Stop Foreclosures

Posted by repa 1178 days ago, popular 1177 days ago (http://www.realestateproarticles.com)
Category: Economy | Tags: foreclosure mortgage obama
The possibilities of re-default are great under President Obama’s $75-billion program to stop foreclosures because it does not clearly screen out borrowers who will restructure just to extend their rent-free stay in the properties.
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