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Wed January 21, 2009
Thousands of New Mexico Homeowners Facing Foreclosure May Benefit From Settlement
By Evan Woodward
Las Cruces, NM – Thousands of New Mexico homeowners facing foreclosure may be eligible for mortgage loan modifications under a settlement agreement reached between the state Attorney General's office and Countrywide Home Loans. As KRWG's Evan Woodward reports, more than 8% of Countrywide's mortgage loans in the state are delinquent or facing foreclosure.