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"The median monthly payment reduction for borrowers enrolled in
the (HAMP) program is $522" - DSnews.com

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Big Banks Are Being Sued


Bank of America and Chase are spending an absorbent amount of money on litigation costs. The cost of litigation almost doubled based on second quarter reports. Bank of America spent almost 1.9 billion in cost associated with litigation. Chase spent 1.3 billion in litigation costs.  The reason for all these fees is due to all the foreclosure and mortgage issues.