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Loan Modification - how to lower payments and interest rate

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Uploaded by on Oct 30, 2008

Loan Modification (aka Loss Mitigation)is a process whereby your lender may agree to lower your payments and/or interest rate, and maybe even your loan balance, as an alternative to foreclosure. Learn the basics in this video and see our website for more details. Remember never to take any actions without checking with your tax person and a real estate attorney. See the web site at:

http://www.MoneyCreditOnline.com

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