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Archive Home > 2010 > March > 08 > Homeowners are to be paid to sell at a loss

Homeowners are to be paid to sell at a loss

By David Streitfeld / The Bulletin
March 8, 2010

In an effort to end the foreclosure crisis, the Obama administration has been trying to keep defaulting owners in their homes. Now it will take a new approach: paying some of them to leave.

This latest program, which will allow owners to sell for less than they owe and will give them a little....

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