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Startup Seeks To E-Modify Home Loans

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Startup Seeks To E-Modify Home Loans

Economy

Startup Seeks To E-Modify Home Loans

Startup Seeks To E-Modify Home Loans

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Millions of Americans keep losing their homes to foreclosure. And these days, wherever a problem exists, somebody is bound to start a technology company to try to fix it.

That's where eModifyMyLoan.com comes in. The startup company says its software can help homeowners facing foreclosure get their payments lowered.

One of the founders is Chris Mozilo, whose uncle, Angelo Mozilo, started Countrywide — the mortgage company many blame for triggering the foreclosure crisis.