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Loan Modification

: Loan Modification & Home Loan News

Is Strategic Default a Menace?

By Moe Bedard

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As a result of the housing collapse, many Americans have seen their homes lose half their value, owe several hundred thousand dollars more than their homes are worth, and are unlikely to dig out of their negative equity hole for decades. To compound their anxiety, they?ve often discovered that their lenders won?t even talk to [...]

Full post as published by Loan Modification & Home Loan News on April 28, 2010 (boomark / email).

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