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News: FHA to Refinance “Underwater” Homeowners

FHA PRESS RELEASE FHA LAUNCHES SHORT REFI OPPORTUNITY FOR UNDERWATER HOMEOWNERS Effort designed to encourage principal write-downs for responsible borrowers WASHINGTON – In an effort to help...

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Bank of America Forgiving Second Mortgages

Bank of America Forgiving Second Mortgages BOA eliminates the full unpaid principal balance on some second mortgages. Bank of America recently announced that it will be forgiving 2nd mortgages, for...

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