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Home » Store » Taxable » Proposed GSE Rule on Mortgage Fraud May Not Provide Much Help to Lenders

Proposed GSE Rule on Mortgage Fraud May Not Provide Much Help to Lenders

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Mortgage bankers are taking a hard look at a proposed rule meant to bolster the response of government-sponsored enterprises to instances of mortgage fraud – but they doubt the regulation would provide much help for lenders. Tim Doyle, a director of government affairs at the Mortgage Bankers Association, said federal regulators would do well to intensify the spotlight on mortgage fraud. But he is not certain that a recent proposal made by the Office of…
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