The ‘robo-signing’ chaos may be coming to a head. The National Mortgage Settlement was approved by the Federal Government and 49 states for $26 Billion. The majority of this money is supposed to go directly to borrowers through foreclosure relief effort options, including principle reduction for qualifying borrower, short sales, anti-blight measures, and enhanced homeowner transition programs.
Foreclosures will now be processed by lenders that have been holding on to them to wait how the Settlement played out. To find out how these foreclosures will affect your area, please attend this FREE Seminar below
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