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Home » Store » News » SEC Clarifies Servicer Ability to Modify Troubled Loans Without Jeopardizing MBS Accounting

SEC Clarifies Servicer Ability to Modify Troubled Loans Without Jeopardizing MBS Accounting

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The Securities and Exchange Commission agrees with industry groups that servicers can mitigate losses on subprime mortgages without jeopardizing the accounting treatment most issuers rely on. Loan modification is widely seen as an important tool to minimize...
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