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ben benanke loan modification

Bernanke Says Mortgage Servicers Are Not Modifying Mortgages When They Should

by Moe Bedard

Looks like we now have the Fed, the FDIC and Moe on the same loan modification and mortgage servicing page.

Today I watched Ben Bernanke on CNBC and listened in a trance as he said that mortgage servicers are incapable of coping with the crisis on their own and called for action for addressing the [...]

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