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Abigail Field has an eye-opener of a column today over at the AOL Daily finance site. She takes a swipe at the lenders who were on display today at hearings on Capitol Hill. If you want to learn why we have a foreclosure mess, her column has some great who’s-making-money-off-this facts.

Here’s a snippet:

According to The New York Times, Barbara Desoer, the head of bank of America Home Loans, will announce new initiatives, including the revolutionary idea that each borrower should be assigned a case manager, so borrowers don’t get passed from employee to employee. That such a basic concept is a new initiative speaks volumes about they the millions of borrowers that Bank of America is foreclosing on have been unable to get modifications or otherwise work thinks out with BofA.

Boston Real Estate for Sale

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