Living After Foreclosure

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Foreclosure information, celebrities in foreclosure, and more

Entries from January 2013

Mortgage Forgiveness Debt Relief Act of 2007 extended

January 14th, 2013 · No Comments

For many underwater homeowners — homeowners that owe more on their mortgage than the house is currently worth — they have a bit of an upper hand with their lenders.  Lenders are reluctant to foreclose on these homeowners even if they’re in default, because that would mean realizing a loss on the property:  selling below […]

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