Posts Tagged: Loan Modifications

• Oct 28, 2009

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  Loan Modifications – The Next Fair Lending Frontier

  By Edward Kramer, Executive VP, Regulatory Programs As U.S. mortgage servicers ramp up their loan modification efforts to help slow the exploding number of home foreclosures, the primary focus on doing so is mitigating financial losses for both the financial institution and borrower. However, the Treasury Department recently issued guidelines reinforcing the importance of compliance...