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Home » Store » News » Treasury Guidelines for Notices to Borrowers Denied of HAMP Loan Modifications Lack Transparency, Critics Say

Treasury Guidelines for Notices to Borrowers Denied of HAMP Loan Modifications Lack Transparency, Critics Say

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Treasury Department guidelines requiring notices to borrowers who have been rejected for the Home Affordable Modification Program still fail to provide transparency to HAMP reviews, according to housing advocates. Issued Nov. 3, the guidelines respond to concerns that many homeowners are being wrongfully denied modification under HAMP with no clear explanation for the rejection...
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