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Posts Tagged ‘payments’

Nevada Scammers Convince Homeowners to Redirect Mortgage Payments

February 6th, 2011

Nevada Scammers Convince Homeowners to Redirect Mortgage Payments If you receive a letter telling you that your mortgage servicer has changed and instructing you to send payments to a different address, check in with your old servicer before making the move. You could be the victim of a scam that could put you in foreclosure. [...]

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Commercial-Mortgage Bond Payments Fall Short as Property Values Decline

August 8th, 2010

Commercial-Mortgage Bond Payments Fall Short as Property Values Decline Holders of commercial-mortgage backed securities have had $1.1 billion in interest withheld as plunging property values lead to reappraisals that eat into bondholders’ payments, according to data compiled by Bloomberg. Read more on Bloomberg

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Bank of America wants to suspend mortgage payments for jobless

April 23rd, 2010

Bank of America wants to suspend mortgage payments for jobless Bank of America wants to give struggling mortgage customers who are collecting unemployment benefits up to nine months with no mortgage payment. Read more on Knoxville News Sentinel

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