U.S. Rep. Peters and local housing experts fight to help underwater homeowners stay in their homes

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By Michigan RealEstateRama -

Farmington Hills, MI – June 14, 2012 – (RealEstateRama) — Today U.S. Rep. Gary Peters marked National Homeownership Month by discussing his bill, the Preserving American Homeownership Act, with local housing nonprofits and realtors at a press conference. Peters’ bipartisan legislation would provide a new way for underwater homeowners to avoid foreclosure through principal reduction

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