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"… for them to get borrowers into a permanent modification, Barofsky told the Center for Public Integrity in an interview earlier this week.In testimony before the House Oversight …"
"… rhood property values, and higher costs for local government, the GAO said.Mortgage servicers abandon a foreclosure when they determine that the cost of completing a f …"
"… ting a foreclosure exceed the anticipated proceeds from the property sale. Mortgage servicers are not required to notify borrowers when they decide to abandon a forecl …"
"… n September 2008, Fannie and another federally chartered mortgage company, Freddie Mac, were put into government conservatorship amid market panic and losses fro …"
"… st recent report, the TARP Inspector General’s office, now led by acting Inspector General Christy Romero, criticized the Treasury Department for failing to set clea …"
"… to pools of 5,000 or more. They are then sliced up and sold as securities. Mortgage servicers bid on the rights to manage these loan pools before they are sold to inve …"
