Industry NewsTechnology

Online alternative to foreclosures

MortgageKeeper aims to connect troubled borrowers with counseling
Published on Dec 14, 2006

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by CareyBot

With the cost of foreclosing on a property running $40,000 or more, it's no surprise that lenders would rather continue receiving loan payments from borrowers than resort to taking their homes away.

But homeowners get into trouble on their mortgages for many reasons, which can make helping them through difficult times complex.