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Public-Private Alliance Announces New Streamlined Mortgage Modification Plan

News release: “HOPE NOW, the private sector alliance of mortgage servicers, non-profits, counselors, and investors that has already helped almost 2.5 million homeowners avoid foreclosure, today announced that, working with the U.S. Treasury, the Federal Housing Finance Agency, Fannie Mae, Freddie Mac, and a number of major mortgage loan servicers, it has helped develop a new program that will make it easier and faster for the most at-risk homeowners to modify their mortgages and stay in their homes.”

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