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Loan Modification

: Loan Modification & Home Loan News

Is This Why Loan Modifications Are Not Working?

By Moe Bedard

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Why aren?t more loans being successfully modified? Many believe that the problem lies in the second loan market. Banks? balance sheets are filled with these loans and have yet to realize the losses on them. If the banks were to own up to the true value of the loans at this point, it would result not [...]

Full post as published by Loan Modification & Home Loan News on April 09, 2010 (boomark / email).

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