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Foreclosure Moratorium Would Be ‘Catastrophic'

Most foreclosures are uncontested by borrowers

, stated the letter from Financial Services Roundtable, Mortgage Bankers Association, and Housing Policy Council. The trade groups say banks are doing what they can to modify mortgage terms and offer refinance mortgages to help homeowners avoid foreclosures. Learn how to refinance.

Foreclosure Moratorium Would Be Catastrophic'

By: Michael Kling
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