"Usually, December is dead," said Valarie Kubacki, a Realtor with Century 21 Pace Estates, in Valparaiso. "But so far this month. according to Freddie Mac, which buys mortgages from lenders and.
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The Obama administration’s flagship mortgage-relief effort is failing to ease the foreclosure crisis as more than half of those who have enrolled have fallen out of the program. that walking away.
a law professor at Valparaiso University. Unlike the previous measures, Obama’s plan uses government funds to provide incentives to borrowers, loan servicers and mortgage investors to modify loans to.
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“We started out looking to sue as many as 16 lenders,” Webb Brewer. the chain of causation from predatory mortgage lending to foreclosures, abandonment and urban blight,” Alan White, a law.
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“Lower credit scores can result in being denied credit, such as credit cards and car loans. allow a new mortgage to be approved if a past foreclosure was more than five years old,” explains Alan M.
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White, an assistant professor at Valparaiso University School of Law who has closely. to push back hard on any attempts to get them to write down the troubled second mortgages and home equity lines.
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