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Do The Banks Really WANT To Own All These Houses?
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Lawsuits are flying over how banks are treating homeowners in loan modification procedures, specifically that you do everything the bank says, you don't miss a payment, and they STILL foreclose. You would think that the government would have placed safeguards into effect to make sure that the loan mod process didn't result in a worse situation, but it's like the Wild West out there. (AP via WFSB-TV/Hartford)
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