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That could become an ‘unendurable strain’ on some households, Cagan said." "States with the lowest percentage of high-risk properties — where borrowers have more equity and are less likely to experience the effect of adjustable-rate mortgage increases, include New York, Hawaii, Massachusetts, Connecticut and New Jersey, the study reported.
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Last Minute Strategies to Stop Foreclosure. If you are facing foreclosure, you might be able to stop the process by filing for bankruptcy, applying for a loan modification, or filing a lawsuit. By Amy Loftsgordon, Attorney.
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