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Foreclosure as a Last Resort: States Can Stabilize the Housing Market by Preventing Unnecessary Foreclosures

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Center for Responsible Lending - October 21, 2010

This Center for Responsible Lending report encourages state policymakers to go beyond the tepid foreclosure prevention results so far by requiring a loan mod analysis (mandatory loss mitigation) before rushing to foreclosure.  The report also includes state-by-state foreclosure data that will certainly be in high demand. 

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