Negative equity tops $745Billion; Pressure on lenders for principal reduction or deferment may be growing...
From the front lines: This is a timely and informative article on the likelihood of principal reduction for borowers in distress. Wells Fargo and its subsidiary Wachovia remain the most willing, having cut $2billion of principal in 2009. While permanent loan modifications results are weak, principa ...
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January 07, 2010 10:06 am
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