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MBA Touts Role in Helping Mortgage Borrowers
By admin | January 18, 2008
The Mortgage Bankers Association (MBA) released bumf Thursday on the lines the mortgage industry is playing in the current constrain to help homeowners who are delinquent on or struggling with their mortgages.
According to MBA's data, during the third quarter of 2007 the mortgage industry worked with borrowers to adjust around 54,000 loans and established formal repayment plans with an additional 183,000 borrowers. to whatever manner, foreclosure actions were started on an estimated 384,000 loans.
Across the board investor-owned homes represented a substantive part of the difficulty...
Topics: Mortgage News |
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