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2012-03-13 — cnn.com
`` As more details emerge about the massive $26 billion foreclosure settlement between the five biggest mortgage lenders and the states' attorneys general, a growing number of borrowers are realizing that the deal will do little, if anything, to help them out... Principal reductions will also only apply to certain borrowers who have mortgages still held by the five major lenders... Borrowers who have a mortgage held by Fannie or Freddie -- roughly half the market -- are out of luck. ''
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