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The Federal Housing Administration is delaying and possibly changing a rule that prohibits potential homeowners with a minor debt load from getting a loan.
In a poll run by TheStreet last week, more than half of the voters said they would prefer principal reductions that would help restore equity in their homes as a form of mortgage relief.
Without the guidance of a financial professional, many consumers are too intimidated to comparison-shop for mortgages. Be sure your clients get the best deal they can.
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