HELENA, Mont. -- Laverl "Nick" Nicholson used to look out of his kitchen window at the weeping willows that mark the burial place of two of his two daughters. Then a debilitating car wreck left him unable to pay the $220,000 he owed on his northwestern Montana home.
He tried for a year and a half to lower his mortgage payments through a loan modification, but the government-insured loan that he took out three years ago came with restrictions. The best the bank could offer him was a reduction of $124 per month, leaving Nicholson with a $1,585 payment that he still couldn't afford.
The bank foreclosed last April, forcing him ...
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