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phantom power Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-25-10 03:10 PM
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Penalized for equity
In fact, their attorney, Marilyn Sullivan, said the couple are being penalized for that equity.

"Citibank gave them a HAMP loan modification and took it away from them - because the house is worth more than the loan, so Citi will financially benefit from foreclosure," she said.

Read more: http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2010/11/24/BUD61GGJ2I.DTL#ixzz16KKDiCT4

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elleng Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Nov-25-10 03:13 PM
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1. Might benefit, I guess, if it could be sold. IDJOTS!
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