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Real Estate & Property Law

: The Home Equity Theft Reporter

Fine Print In Standard HAMP Loan Mod Deal Allows Lenders To Sell Homes Out From Under Borrowers In Foreclosure, Despite Prompt Trial Period Payments

By r morris

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McClatchy Newspapers reports:Ten months after the Obama administration began pressing lenders to do more to prevent foreclosures, many struggling homeowners are holding up their end of the bargain but still find themselves rejected, and some are even having their homes sold out from under them without notice.These borrowers, rich and poor, completed trial modifications of their distressed

Full post as published by The Home Equity Theft Reporter on December 22, 2009 (boomark / email).

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