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Written By: kateshellnutt on April 28, 2009 One Comment
Treasury’s loan incentives too weak to revive borrowers, experts say

BY KATE SHELLNUTT - MEDILL NEWS SERVICE

The Treasury announced new incentives Tuesday for lenders to modify second mortgages in an effort by the Obama administration to further help troubled borrowers. Mortgage experts say the plan’s expansion, which taps into a $50 billion rescue fund, may not be enough to help the [...]

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