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March 24, 2009 | Tconsoli | Comments 0 | Filed Under: DailyForeclosureGovernmentNewsWall StreetWorld

How To Stop Foreclosure

With home prices falling and industry standards changing, lenders are better off keeping you in your home than kicking you to the curb.

The road to foreclosure moves quickly–if you default on a single mortgage payment, you could find yourself on the street with alarming speed. In some states, like Texas, it can take as few as 27 days.

The good news is that, with home prices falling and industry standards changing, banks and lenders are better off keeping you in your home than kicking you to the curb.

For full article, click here

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