THE AMERICAN JOURNAL

Obama’s Mortgage Modification Recipients Fall Short, Drop Out

By Dawn Kopecki

Jan. 15 (Bloomberg) — About 25 percent of homeowners who received trial loan modifications through President Barack Obama’s main foreclosure prevention plan are failing to keep up with their new reduced payments, the Treasury Department said

Read more: Bloomberg

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January 15, 2010 - Posted by | Uncategorized | , ,

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