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Tag Archives: Mortgage Modifications

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Bankruptcy And Mortgage Modifications

By Jessica Holguin |

Illinois is second only to New Jersey in terms of underwater mortgages. When the loan balance exceeds the home’s value, refinancing is typically not an option. So, distressed homeowners in these circumstances must often turn to a lender-offered mortgage modification for relief. Despite the rosy success stories on bank websites, the mortgage modification saga… Read More »

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