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Home » Store » News » Government Continues Pressing for Wide-Scale Loan Modification Efforts Despite New Questions

Government Continues Pressing for Wide-Scale Loan Modification Efforts Despite New Questions

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Large mortgage servicers began lining up for federal subsidies to grease the wheels for loan modification efforts that will affect every corner of the MBS market, even as researchers raise new doubts about the likely success of this strategy. Under the Obama administration’s housing recovery plan, any institution that gets aid under the Troubled Asset Relief Program has to consider loan...
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