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Home » Store » News » Servicers Concerned About Foreclosure Legislation

Servicers Concerned About Foreclosure Legislation

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Legislation introduced in the Senate last week to ensure that borrowers are evaluated for affordable loan modifications before facing foreclosure does not sit well with some servicers. Anne Canfield, of the Canfield & Associates consulting firm, said “this is a bill that should be taken seriously.” Sen. Jack Reed, D-RI, introduced S. 1731, the “Preserving Homes and Communities Act,” last...
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