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June 15, 2014

A New Regulatory Phrase (and Concern) Emerges: ‘Fair Servicing’

By Thomas Ressler

Other “fair servicing” issues have to do with fee waivers and discretion in loss mitigation.

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With the spring homebuying season in full swing, what percentage of your March 2017 application volume has been for “purchase” loans?

75% or higher

48%

50% to 74%

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Under 30%

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