Hojin's SW Orlando Real Estate Scoop

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More Bailout for Homeowners Facing Foreclosuree

March 29th, 2010 · No Comments

The Obama administration’s $75 mortgage bailout has been having mixed results. In fact, over 50% of all loan modifications eventually ended up in foreclosure anyway. There’s been plan to expand this plan and the debate continues as to whether or not requiring responsible homeowners to pay for the irresponsible ones is the way to go.

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Tags: Mortgages