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Foreclosure Filings Leading To More Home Loan Mods

November 19, 2009

According to http://loanmodsanddebtsettlement.blogspot.com
one in every 136 U.S. housing units received a foreclosure filing during the quarter — the highest quarterly foreclosure rate since the first quarter of 2005.

This has caused a dramatic rise in home loan mods (loan modifications) as people scramble to save their homes.

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