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Tag Archives: underwater mortgages
Banks agree to mortage settlement
Five of the largest banks in the nation agreed to a deal with 49 states settling charges of abusive and negligent foreclosure practices since 2008. The deal was announced on Thursday February 9th, the banks will change the way … Continue reading
Obama’s new home refinancing plan
The Obama administration uncovered its plan to help homeowners refinance their mortgages with historically low rates. The plan would allow homeowners current on their mortgage to save an average of $3,000 a year by refinancing into loans backed by the … Continue reading
