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It is a known fact that loan modification is a more challenging and difficult process. Although the program itself was developed to theeeds of ordinary people, discard the other possibility haveo meet and live decently, the financial problems that have been used as before hardening
By David Ellis CNNMoney: The commercial real estate dilemma Fortunately for banks, commercial real estate time-bomb just keeps ticking.Banks recognized over 50 billion U.S. dollars have been lost, or about 60% of the estimated accumulated losses to real estate research firm Foresight Analytics . After 13 months of consecutive declines in total commercial property values rose 1%, according to the latest monthly reading by Moody's / Real Commercial Property Price Indexmercial agencies will also increase in 2010, while prices could fall even during the year. The prices could fall as low as half of their peak values of 2007.That can only be a matter for the banks: more losses.Housing, trade, unemployment: ot mean a good combination.

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