Breitbart.tv » Governor Announces Plan To Stop Calif Foreclosures: "KOVR: The Republican administration on Wednesday announced a plan to encourage lenders to modify existing home loans as a way of keeping people out of foreclosure. The governor also proposed a 90-day moratorium for homeowners facing default on their loans. Lenders, however, would still be able to exempt themselves under certain circumstances."
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I think something has to be done at the bottom of the ladder.
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