principal reduction

10-2-12: Short Sales Falling Short?

Credit: flickr/taberandrewThousands of distressed homeowners in Maryland are now getting relief through a $25 billion settlement with five major lenders.

Web extras: Marceline White addresses MCRC's call for the removal of Federal Housing Finance Agency acting director Edward DeMarco, the progress servicers have made in providing borrowers a "single point of contact," and servicers' progress in making the cultural and organizational shifts necessary to provide relief through the settlement.



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