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View story Modifying Loans to Avoid Bank REO Properties Not Profitable 2 / 0 http://www.bankforeclosuresinformation.com/massachusetts/mod... Submitted by lets03 31 months, 3 weeks, 2 days, 4 hours ago A study released by Massachusetts' Federal Reserve Bank of Boston concluded that lenders are lacking in their efforts to modify loans to help distressed homeowners avoid bank REO properties. This is because lenders would not gain profit from loan modification. Tags: Bank REO Properties, foreclosure, massachusetts, obama comment (0) | Category: Business | Add lets03 as a source Comments Votes (my sources) Votes (Everyone) Add your comment Add your comment If you already have an account, sign in: Email address: Password: If you don't, just complete these fields: (or join coRank for free) Your name: Your site: (optional) Your comment: (You have up to 5000 characters left) Can you see the 5 most prominent letters/numbers in this image? (case insensitive) Please enter them here: « go back

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