American Home Settles With Mass.

Posted on November 14, 2009
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American Home Mortgage Servicing Inc. has agreed to significantly modify 8,200 Massachusetts mortgages, the state’s attorney general’s office announced. Borrowers who are more than 45 days past due and unable to make their scheduled payments are eligible for modifications. Modifications will involve interest-rate reductions, extending amortizations and — if necessary — principal forbearance.

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