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Job losses fueling foreclosures |
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Written by Webmaster
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Sunday, 16 November 2008 |
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More info...
For years, bad loans and their aftershocks have been sending homeowners into foreclosure. Now its lost jobs that are putting troubled borrowers over the edge.
Pay Day Loan U.S. mortgage plan falls short
The federal government's plan to streamline modifications of troubled loans held by Fannie Mae and Freddie Mac won't help the majority of people threatened with foreclosure, experts said.
 Forecast 2009: Your home
Forget the old saw that all real estate is local. What's pummeling housing prices in your nabe is the same thing that's hurting them around the country: the credit crisis.
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Last Updated ( Sunday, 16 November 2008 )
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