Philadelphia Fed: Could principal reduction save bankrupt homeowners...
12/03/14
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Philadelphia Fed: Could principal reduction save bankrupt homeowners?
Housing Wire
A mortgage strip-down reduces the principal of underwater residential mortgages to the current market value of the property for homeowners in Chapter 7 or Chapter 13 bankruptcy. If a bankruptcy judge is granted mortgage modification powers, than it ...
and more »
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Housing Wire
A mortgage strip-down reduces the principal of underwater residential mortgages to the current market value of the property for homeowners in Chapter 7 or Chapter 13 bankruptcy. If a bankruptcy judge is granted mortgage modification powers, than it ...
and more »
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