Sunday, June 24, 2012

Mortgage-debt forgiveness preventing foreclosures

Reducing the amount struggling homeowners owe on their mortgages is proving to be a more effective way to prevent foreclosures than other methods, such as reducing interest rates or postponing payments, a new report finds.

Source: http://rss.cnn.com/~r/rss/money_realestate/~3/cNPrfRW_l2s/index.htm

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