Meet Walter Lamkin. Lamkin is a real estate attorney with Spencer Fane Britt & Browne, one of the largest firms in Missouri. The former managing member of title and money disbursing companies, he sits on a zoning board in his upscale St. Louis suburb of Frontenac. All in all, Lamkin is the last person you’d expect to have problems renegotiating his home loan. But he did. And now Lamkin shares a situation with hundreds of thousands of other Americans who don’t have his resources and knowledge: His home teeters on the precipice of foreclosure.
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