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Loan Modification

: The Truth About Mortgage.com

Six Million to Lose Homes in Next Two Years

By scot184

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Of the eight million homeowners currently not making mortgage payments, six million are expected to lose their homes over the next two years, according to the latest Market Intelligence newsletter from John Burns Real Estate Consulting. As a result, the national homeownership rate will fall to just 61.7 percent. Here’s the math: The numbers might be even worse [...]

Full post as published by The Truth About Mortgage.com on July 19, 2010 (boomark / email).

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