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Lawmaker working to improve loan modifications (The Salt Lake Tribune)

March 5, 2010 By Yahoo! News Search Results for foreclosure Leave a Comment

Washington » A key lawmaker is working with banks, regulators and the Obama administration on a new way to boost the government's struggling foreclosure prevention effort by encouraging banks to reduce the total amount borrowers owe.

Filed Under: Seattle Foreclosure Tagged With: Banks, Borrowers, Foreclosure Prevention, Lawmaker, Prevention Effort, Regulators, Salt Lake Tribune

Foreclosed Homes in U.S. Selling at 28% Discount (Update1) (Bloomberg)

January 27, 2010 By Yahoo! News Search Results for foreclosure Leave a Comment

Jan. 26 (Bloomberg) -- People who buy foreclosed U.S. homes get an average discount of 28 percent off the price of similar properties that haven’t been seized by banks, according to a study released today by real estate data provider Zillow.com.

Filed Under: Seattle Foreclosure Tagged With: Banks, Bloomberg, Buy Homes, Data Provider, Foreclosed Homes, People, Real Estate

Dunwell Financial Solutions Sees Modified Mortgages on the Rise Ahead of State of the Union Address (Business Wire via Yahoo! Finance)

January 27, 2010 By Yahoo! News Search Results for foreclosure Leave a Comment

JERSEY CITY, N.J.----Dunwell Financial Solutions, LLC, a leading mortgage modification company made up of banking professionals, believes the big banks are making progress in adapting to US President Barack Obama’s HAMP program in keeping homeowners in their homes.