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	<title>efundloans.com</title>
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	<description>loan modifications</description>
	<lastBuildDate>Tue, 17 Mar 2009 08:25:03 +0000</lastBuildDate>
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	<item>
		<title>Beware of Loan Modification Scams</title>
		<description><![CDATA[It is no secret that loan modifications is becoming a very large business. With over 5 million homeowners currently behind on their mortgage payments, and the new stimulus plan to help fund loan modifications, more and more loan modification companies are popping up. While many of these companies are legit and do help people, there [...]]]></description>
		<link>http://efundloans.com/blog-posts/beware-of-loan-modification-scams/</link>
			</item>
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		<title>Is Obama&#8217;s Loan Modification Enough?</title>
		<description><![CDATA[Experts say that only about half of the 9 million American homeowners that President Barack Obama’s mortgage modification plan is targeting will actually receive relief.The plan is broken up into 2 parts that will spend $275 billion to help rework or modify mortgages. The first part is aimed to help borrowers who bought more house [...]]]></description>
		<link>http://efundloans.com/blog-posts/is-obamas-loan-modification-enough/</link>
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		<title>The Loan Modification Plan Gets Better</title>
		<description><![CDATA[The U.S. Treasury  provided more details last week about its $75 billion effort to help up to 4 million distressed mortgages. While much of the plan resembles the version introduced 3 weeks ago, a few surprises will increase the program&#8217;s scope.
One of the new things will be to help struggling borrowers with mortgages up to [...]]]></description>
		<link>http://efundloans.com/blog-posts/the-loan-modification-plan-gets-better/</link>
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		<title>Homeowner Stability Plan Open for Business</title>
		<description><![CDATA[The Obama&#8217;s administration&#8217;s Homeowner Stability Plan was launched today. The plan to  help as many as 4 million struggling borrowers by modifying loans so housing payments are no more than 31% of monthly gross income. Also, homeowners who haven&#8217;t missed a payment can refinance into lower cost loans. This is expected to help up to [...]]]></description>
		<link>http://efundloans.com/blog-posts/homeowner-stability-plan-open-for-business/</link>
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		<title>The Homeowner Stability Plan Starts</title>
		<description><![CDATA[The Treasury Department is expected to begin implementing the Obama Administration’s $75 billion, Homeowner Affordability and Stability Plan tomorrow. For distressed homeowners, help is on the way. The Obama plan, originally announced on Feb 18, aims to keep homeowners from defaulting on their homes causing foreclosure. Mortgage servicers, the companies that process payments on behalf [...]]]></description>
		<link>http://efundloans.com/blog-posts/the-homeowner-stability-plan-starts/</link>
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		<title>Why Would a Lender Modify Your Loan?</title>
		<description><![CDATA[Typically, a lender and a borrower agree to terms of a loan indicating the principal balance, interest rate, and repayment period. Most home loans are secured by the underlying property, which means that if the borrower defaults on the loan, the lender can seize the property through foreclosure.
The primary reason a lender would offer a [...]]]></description>
		<link>http://efundloans.com/blog-posts/why-would-a-lender-modify-your-loan/</link>
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		<title>Fannie Mae &amp; Freddie Mac easing up on Loan Mod requirements</title>
		<description><![CDATA[Due to the staggering foreclosure rate Fannie Mae and Freddie Mac are going on the offensive in hopes to put a stall to the increasing #&#8217;s. They have recently sent out 90,000 letters to borrowers that have missed at least three payments on their mortgage. The letters offer the struggling borrowers to participate in a [...]]]></description>
		<link>http://efundloans.com/uncategorized/fannie-mae-freddie-mac-easing-up-on-loan-mod-requirements/</link>
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		<title>Fannie Mae &amp; Freddie Mac are Expected to Make Loan Modifications More Acceptable</title>
		<description><![CDATA[The two largest government sponsored enterprises (GSE&#8217;s), Fannie Mae and Freddie Mac, have sent over 90,000 letters to borrowers who have missed at least 3 payments, offering them to participate in a loan modification plan that was announced in November of 2008. . The loan modification program was designed to reduce borrower’s monthly payments on [...]]]></description>
		<link>http://efundloans.com/blog-posts/fannie-mae-freddie-mac-are-expected-to-make-loan-modifications-more-acceptable/</link>
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		<title>Some Facts About Loan Modification</title>
		<description><![CDATA[Here are some useful facts that many homeowners have questions about when getting a loan modification:
1.  All legal fees for work actually completed                and applicable to the current loan modification can be added       [...]]]></description>
		<link>http://efundloans.com/blog-posts/some-facts-about-loan-modification/</link>
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		<title>Obama Administration to apply $50-100 billion toward home loan modifications</title>
		<description><![CDATA[The Obama administration&#8217;s housing plan will use government money to help reduce interest rates for struggling borrowers, while asking lawmakers to approve more ways to modify mortgages. The much anticipated plan will be most likely made public within one week according to US Secretary Treasurer Timothy Geithner. Within the last year foreclosers have soared to [...]]]></description>
		<link>http://efundloans.com/blog-posts/obama-administration-to-apply-50-100-billion-toward-home-loan-modifications/</link>
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