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Mortgage modification was first introduced by the Obama administration as a solution to mortgage crisis in 2008. Since that time, the program has been criticized as a failure, due probably in part to the fact that banks are not required by law to actually grant…
Underwater homes are a local crisis and many Orlando homeowners are feeling the pain. President Obama wants to sell and rent all the homes that have been taken back from families that could not longer afford their mortgage payments in this challenging economy. However, the National Association…