Foreclosure Relief: Good for Banks, Lousy for Borrowers
Many troubled homeowners in HAMP, the federal foreclosure relief program, end up losing their property anyway. Banks gain the most by delaying repossessing houses they can't sell while collecting more monthly payments from strapped borrowers. Continue reading Foreclosure Relief: Good for Banks, Lousy for Borrowers Foreclosure Relief: Good for Banks, Lousy for Borrowers originally appeared on DailyFinance on Fri, 27 Aug 2010 06:00:00. Filed Under: Economy , Real Estate Permalink | Tweet this! | Comments
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