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Many homeowners seeking a loan modification in order to save their homes from foreclosure are intentionally being ignored and given constant runaround in order to enable the investor to acquire a family's home via foreclosure proceedings. This enables the investor to make even more profit from their actions with intentions of seeking surplus reimbursements by a variety of means (such as seeking government bail out money, filing mortgage insurance claims, pursuing deficiency judgments against the homeowner, requiring promissory notes, etc.) And, if you have any equity in your home and the bank forecloses, guess who gets that money as well? The … (0 comments)
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