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Proposed Settlement Would Force Banks to Allow Short Sales for Delinquent Homeowners
LA Times
: Major banks may be forced to let severely delinquent homeowners sell their houses for less than the loan amounts owed as part of a broad settlement of federal and state investigations into botched foreclosure paperwork, according to government officials involved in the negotiations.
Read the full story...
Published Thursday, March 31, 2011 6:22 PM by
Gail Griffin
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