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Home » Store » News » Regulators Encourage Servicers to Pave Loss Mitigation ‘Express Lane’ Based on Borrower Characteristics

Regulators Encourage Servicers to Pave Loss Mitigation ‘Express Lane’ Based on Borrower Characteristics

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Foreclosures will continue to increase as federal regulators grapple with how to solve the problem, according to Robert Steel, the Treasury Department’s under secretary for domestic finance. This week, Steel said Treasury expects the foreclosure rate to...
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