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cash for keys

Banks Giving Some Homeowners Cash for Keys to Bail

by Moe Bedard

Despite federal loan modification programs to help struggling homeowners, many lenders are refusing to play ball and are proceeding with foreclosures.
But some of those same lenders are quietly paying people to move out and find another place to live.

It’s known as “Cash For Keys” and banks don’t talk about it publicly but, in some cases, [...]

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