GSEs Getting Tough with Servicers on Loss Mitigation Time Lines

Mortgage servicers seem to be caught between a rock and hard place when it comes to foreclosures: their legal practices are being scrutinized by state attorneys general for sloppy paperwork while the GSEs pile on fees for delays in loss mitigation work.

Article source: http://www.nationalmortgagenews.com/dailybriefing/2010_477/gses-penalties-servicers-loss-mit-1027470-1.html

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