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Check this out:
http://www.fdic.gov/consumers/loans/loanmod/index.html
This is good for the folks that are doing loan modifications. Basically the FDIC got some of the bail-out money to provide incentives to banks so they will modify their struggling home owners loans. Some people feel that modifying the loans aren't going to help the economy because banks are receiving less money, but this is helping home owners stay in their homes, as opposed to vacating. My clients are getting about a 3-8% call response from borrowers interested in modifying...instead of having to leave their dream behind.
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