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Thursday, January 21, 2010

Foreclosures might reach 3 millions in the year 2010

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The U.S. Treasury Department was failed in new discussions with the nations biggest financial organizations to acquire agreements need contribution in second mortgage modification program to decrease the number of house foreclosures this year, which could reach 3 millions.

On previous week the Treasury Department said that out of concerning 4 million qualified house owners, only 66,000 have been lastingly helped by Home Affordable Modification Program while it started on previous February.

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