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October 14, 2009 | Tconsoli | Comments 0 | Filed Under: DailyForeclosureGovernmentNewsWall StreetWorld

Life after the bubble: From American dream to American nightmare

Kevin’s homebuilding business collapsed in the recession, and they couldn’t pay the mortgage. Their bank, JPMorgan Chase, rejected the Martins’ request for a mortgage modification and took legal possession of the house Aug. 19.

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