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Home » Store » News » More Pressure on Servicers to Convert Trials to Permanent Mods

More Pressure on Servicers to Convert Trials to Permanent Mods

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Mortgage servicers will assume more burden and greater accountability to ensure that more trial modification mortgage loans are permanently restructured under the Home Affordable Modification Program. The Obama administration last week announced the initiative, the Mortgage Modification Conversion Drive, to help boost the number of permanent resolutions. HAMP servicers have...
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