For borrowers, frustrations still linger one year after mortgage settlement
A year ago, a $25 billion settlement ordered banks to do a better job helping troubled homeowners, and to end the stories of borrowers trapped in a confusing web of mortgage negotiations leading to foreclosure.
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#1 Mar 25, 2013
The economy and real estate are artificial. We will see a significant drop in housing and the stock market around 2015. Make sure you invest carefully, buy real estate frugally and taking advantage of the mortgage debt forgiveness act while it is still here. It may not be in the next 18- 24 months. Now is the time to settle your second mortgage or short sale your home.
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