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As a follow up to see how crucial this issue is, more than 50% of homeowners get forclosed on without making contact with their lender. As quoted from Fox Business Channel, more than 12000 people are being forclosed on and 17000 people being laid off very single day. It is important to realize that when the lenders are funding non profit groups, who's interest is being served and what are the choices given to the homeowner. If being told to sell is the most common response, look elsewhere. Taking an approach to serving the homeowner's needs is how loan mod companies should … (10 comments)
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