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[Title] Contributors to the Foreclosure Crisis and Steps to Foreclosure Recovery - The current real estate strife and “market meltdown” had a number of contributors; from the over-speculation in “bubble” markets like Florida and Nevada to Adjustable Rate Mortgages (ARMs) that attracted families not prepared to support the sudden increase in monthly payments. To repair the current market, give solace to homeowners not yet in foreclosure, and keep banks whole and prevent further closings takes an understanding of the factors that led to our current state, a plan to get us out of it, and a means to prevent its reoccurrence.... [tags: real estate] [Length] 1074 words (3.1 pages) [3] [preview] [Color Rating] 
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