California Loan Defaults Decrease

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The number of California properties entering the foreclosure process declined again during fourth quarter 2009 as loan modification plans increased. There are mixed signals for 2010: It’s unclear how much of the drop in loan defaults is due to shifting market conditions, and how much is the result of changing home foreclosure policies among mortgage lenders and loan servicers, a real estate information service reported.  Read theoriginal article online > California Mortgage Defaults Drop

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Call 866-945-6363 for Loan Modifications and Loss Mitigation Help! New loan modification plans were recently announced by the FDIC and mortgage lenders like B of A, Countrywide, Chase, Citi Morttgage and Wells Fargo. Find out how much much money or loan mod team can save you!