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Home » Store » News » Many Pitfalls for FHA Adopting Obama Mod Plan

Many Pitfalls for FHA Adopting Obama Mod Plan

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It is unclear whether the FHA can impose the stringent buyout provisions of the Obama administration’s new loan modification plan without any negative consequences to mortgage servicers, said a top industry compliance expert. Larry Platt, a partner with K&L Gates and a panelist during a recent audio conference hosted by Inside Mortgage Finance Publications, warned that such consequences...
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