Homeowners Breathing Easier

Homeowners Breathing Easier Alan Zibel writes about changes in the mortgage game. They’ve been brought about the FDIC taking over troubled banks. FDIC-controlled banks are slower to foreclose on homeowners delinquent with their mortgage payments. They are modifying mortgage deals and all they reasonably can to let people stay in their homes. Foreclosures are terribly expensive for banks. Maribel Carrillo is one of the new, happy-ending stories for bank regulators who hope to stem th

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