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Obama’s Loan Modification Plan Explained

June 1st, 2010 · No Comments

Obama Loan Modification Plan Explained
The key components of Obama’s foreclosure-avoidance program are loan modification and loan refinancing. The details of this provision has created an extraordinary opportunity for millions of people to either re-finance or modify their existing mortgage.
What is Obama’s loan modification plan?
President Obama recently announced a $75 billion initiative called the Homeowner Affordability [...]

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