Tuesday, November 11, 2008

Big banks step up efforts to modify mortgages

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Plus...
Citigroup to help at-risk borrowers stay in homes
and...
Gov't to announce new loan aid effort...
An industry official who worked on the plan said the new approach will allow lenders to modify more delinquent loans by establishing criteria to speed up the process. The official spoke on condition of anonymity because details had not been announced.

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