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Real Estate Owners Network - REOWN.com

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Feb
04
2010

Are Second Mortgages the Achilles Heel of a Housing Recovery?

Wall Street Journal Real Estate
Housing analysts are drawing more attention to one big problem that's making loan modifications less successful and drawing out efforts to pursue short sales and other foreclosure alternatives: The presence of second mortgages such as home equity loans and lines of credit.

Read entire article: Are Second Mortgages the Achilles Heel of a Housing Recovery?

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