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Real Estate & Property Law

: Housing Wire

Government May Subsidize Mortgage Modifications

By DIANA GOLOBAY

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President Barack Obama’s administration is reportedly in talks to finalize a mortgage subsidy program geared toward at-risk borrowers not yet delinquent on their loans. Unnamed sources on Thursday told Reuters the plan involves a reappraisal of homes for value and affordability, as part of an examination of homeowners to determine eligibility for the subsidy program. [...]

Full post as published by Housing Wire on February 13, 2009 (boomark / email).

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