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Learn about foreclosure; the legal process by which a lender can seize ownership of a property due to lack of payment on a mortgage loan.. Even so, refinancing is essentially getting a new mortgage.. Mortgage modification is similar to a refinance, except that the terms of the mortgage are altered, rather than the.
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He had just refinanced into a new mortgage on his home in West Palm Beach, He tried to get a loan modification through HAMP when the program came.. fees while advancing the foreclosure process behind the borrower's back.. 4, Trickle Down Devastation: A single mom responds to Trump's Tax .