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“jobless”

No mortgage mods for many of the jobless

Image via Wikipedia By Tami Luhby, senior writerSeptember 23, 2010: 12:11 PM ET NEW YORK (CNNMoney.com) — Unemployed homeowners cannot count jobless benefits as income when applying for mortgage modifications if they have loans backed by Fannie Mae. That could greatly limit their ability to get a long-term reduction in their monthly payments.  Because the [...]