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Real Estate & Property Law

: Housing Wire

Obama Modification Plan Rolls Out

By DIANA GOLOBAY

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The $75 billion mortgage refinance and modification plan launched Wednesday by the Treasury Department is estimated to reach some 9 million homeowners, according to Treasury estimates. The Making Home Affordable program’s guidelines will offer servicer and borrower incentives and are designed in such a way as to allow for immediate modifications, the Treasury said. “It [...]

Full post as published by Housing Wire on March 04, 2009 (boomark / email).

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