Will New Bailout for Homeowners Help?

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MSN Money

Will New Bailout for Homeowners Help?

Anthony B. Sanders | Apr 05, 2012

This excerpt originally appeared in MSN Money on April 5, 2012.

"Once you throw in principal reductions as a carrot, the level of disinformation from consumers will be legion," Sanders says. "People will then pretend they have to go into default just to get the principal reduction."