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Title issues cloud loan modification, foreclosure suit
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Court Report
Thursday, September 24, 2015
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After falling behind on their mortgage payments, a Minnesota couple attempted to modify their mortgage. They successfully went through a trial modification period, but a permanent modification was halted after the bank discovered tax liens on the property. While attempting to subordinate the tax liens and/or secure title insurance, modification agreements continued to derail and the homeowners filed suit. Read on for more details.
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