| Loss Mitigation General Chat loss mitigation |
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07-06-2009, 03:25 AM
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Can I still request a home loan modification if I am...
...currently 7 months past due and in foreclosure? My townhouse was purchased at $289,000.00 with a 1st interest only and a second. I have been past due for 7 months now and received the notice of default. I just received a notice from the county that my property is now worth $50,000.00. Is it too late to request a loan modification at the current value?
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