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WASHINGTON– Hoping to forestall foreclosures Pennsylvania Rep. Paul Kanjorski (D) has written letters to lenders, thanking them for participation in helping to develop a “broad, universal plan to stem foreclosure rates,” and asking them to restructure loans to keep people in their homes. Help should not go to “flippers” or any who committed fraudulent behavior, however, Kanjorski said, and “to the maximum extent possible, we want to rely on market-based solutions and limit the use of government funding to address this need.”

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