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Entries Tagged as 'increased foreclosure rate'

As the Foreclosure Moratorium is Lifted, What Next?

April 24th, 2009 · 2 Comments · Mortgages, Real Estate

The foreclosure process for many American homeowners has been interrupted repeatedly by federal and state moratoriums over the past six months. The two largest government-controlled lenders, Fannie Mae and Freddie Mac, in November imposed holiday suspensions of foreclosure-related evictions that were extended multiple times until March 31. At the urging of Congress, financial giants Bank [...]

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