FHA Selling NPLs at a Regular Clip, but Stipulations Abound

The Federal Housing Administration is conducting regular quarterly sales of problem loans where the servicers have exhausted all loss mitigation options and the borrowers are one step away from foreclosure.

Article source: http://www.nationalmortgagenews.com/dailybriefing/2010_431/fha-selling-npls-1026551-1.html

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