Mortgage loan modification is the process of intentionally reworking the original terms of a mortgage loan to make it easier for the homeowner to manage it, make payments on time, and ultimately avoid foreclosure. Millions of homeowners who now face foreclosure hope for a solution to the dilemma through doing a loan modification and reworking a loan to make it more affordable – especially with the adversity of a bad economy and many layoffs and job losses. But the fact is t

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Why Loan Modification is Not Saving Homeowners

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