More than 900,000 Americans, including Tennessee locals, whose houses have been foreclosed at the height of the recession, will finally be getting their mortgage settlement, according to an article published last June 4, 2013 in The report details which borrowers are eligible for the settlement, and follows the plans of the Attorney General to hold abusive lenders responsible for the losses suffered by the homeowner victims. These actions are a culmination of 2012's National Mortgage Settlement plans, which have already provided more than $50 billion in settlement relief to homeowners around the country. The root of the foreclosures can all be traced back to greedy lenders, who have duped their borrowers. Nobody wants to borrow from a crook who demands exorbitant installments and financially corners debtors without offering any chance for refinancing. Thus, borrowers should trust only reputable lenders like Churchill Mortgage Corporation to take out a mortgage in Tennessee.
http://tennessee.churchillmortgage.com/industry-news/choosing-a-tennessee-mortgage-lender-carefully-saves-you-from-trouble/
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