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Home / News / Banking and Finance / Loan program’s payment resets may lead to foreclosures (access required)

Loan program’s payment resets may lead to foreclosures (access required)

Some homeowners who got a lifeline from the federal government through a loan modification program are about to get a rude awakening as interest rates on the loans – and the payments – start to rise this year. Most payments are expected to go up about $200 a month, but in some cases they could ...

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