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Home » Store » News » FTC to Focus on Servicers in Wider Anti-PL Crackdown

FTC to Focus on Servicers in Wider Anti-PL Crackdown

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Loan servicers are on the radar screen of the Federal Trade Commission, which has vowed to go after even the largest players in its war against abusive lending. In remarks at a recent regulatory compliance conference hosted by the Mortgage Bankers Association of America, FTC Assistant Director Brad Blower said the recent $215 million settlement between the agency and Citigroup should send a message to lenders
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