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loan modification standardization

Analysis of Potential Loan Modification and Refinance Standardization

by Moe Bedard

By Moe Bedard
Over the last month there have been incredible developments in federally subsidized and incentivized loan modifications, refinance programs and the mortgage cramdown bill. Today, Bank of America announced that it will begin refinancing mortgages up to 105% of a home’s value, part of the Home Affordable program. Moreover, Bank of America also indicated [...]

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