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Real Estate - BofA to cut mortgage balances for some borrowers
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post Mar 24 2010, 07:13 AM
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Bank of America announced Wednesday that it will first look at reducing the loan balances of certain distressed homeowners with subprime or adjustable rate mortgages to make their payments more affordable.

http://rss.cnn.com/~r/rss/money_realestate...27iek/index.htm
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