Maybe, and maybe not. While there certainly are housing programs out there and the forty-nine state Attorneys General settlement of certain mortgage claims contains some relief, not everyone will qualify for relief under these programs. Qualification criteria are complex and a remedy may depend on who owns your mortgage. For instance, the current Bank of America principle reduction program has restrictions based on the owner of the mortgage and the extent and timing of any default by the borrow. But won’t there be more relief on the way? Again, maybe, and maybe not. What should a homeowner who is in
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