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Wednesday, December 30, 2009

Trial loan modifications hurt borrowers' credit histories - Dec. 28, 2009

Trial loan modifications hurt borrowers' credit histories - Dec. 28, 2009:
"NEW YORK (CNNMoney.com) -- Most troubled homeowners view President Obama's foreclosure rescue plan as a way out of their financial troubles.

But many don't realize that entering a trial mortgage modification can actually hurt their credit."

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