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Obama's Mortgage Modification Plan to Stop Foreclosure is Expected to Fail in California

Posted by repa 1068 days ago (http://www.realestateproarticles.com) View profile
Category: Real Estate | Tags: california loan modification mortgage

Obama’s loan modification program is expected to fall short of its goal to reduce the number of foreclosure homes in California because nearly 30 percent of homeowners owed mortgages more than the market value of their properties.
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