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Holders of delinquent loans under fire

US says Bank of America, Wells Fargo lag in easing homeowners’ payments

By Jenifer B. McKim
Globe Staff / August 5, 2009

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Bank of America Corp. and Wells Fargo Home Mortgage, two of the nation’s largest owners of delinquent mortgages, have reduced mortgage payments for only a small number of homeowners under the Obama administration’s plan to stem the foreclosure crisis, well below the performance of other banks. (Full article: 634 words)

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