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Why are the banks, loan companies, & mortgage companies forcing home owners into foreclosures?

May 02, 2009 By: admin Category: Renting & Real Estate

Yahoo! Answers Law Enforcement asked:


Wouldn’t those companies make more money if they allowed everyone to keep their house and just lower their payment to something more affordable? Not only would they still be getting some money it would help the mortgage crisis. Correct me if i’m wrong.

CYRIL