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Business Update on KPCC: Mortgage settlement comes at a good time

Lenders seem to have figured out how to delineate between the people who can afford to stay in their homes and those who are basically beyond help. And that could lead to faster decision-making, and at some point a more stable lending climate. This compares with right after the meltdown, when most lenders had no idea how to deal with modifications and other mortgage adjustments. Also, a look at the short-selling trend. Available at kpcc.org and podcast (Business Update with Mark Lacter). Transcript is after jump


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