OCC Deal with Ten Servicers Nearly Collapsed Several Times

In an interview, Morris Morgan, the federal government’s point man for the painstaking review of 3.8 million mortgage loans, provided new details about the $8.5 billion deal regulators cut with 10 servicers last week and how it almost fell apart during negotiations.

Article source: http://www.nationalmortgagenews.com/nmn_features/occ-deal-servicers-nearly-collapsed-1033960-1.html

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