Not everyone benefits when loans are modified - TheJCBoard.com Jersey City, Hoboken, Bayonne and North Jersey

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11-18-2008

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Not everyone benefits when loans are modified

From the Wall Street Journal:Investors Hit BofA Loan Modifications Bank of America Corp.’s decision to embark on an $8.4 billion home-loan-modification program to settle charges brought by state attorneys general against Countrywide Financial Corp. was hailed as a milestone when the deal was announced this fall. But apparently nobody talked to one group that will [...]

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