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Emergency Mortgage Loan Modification Act of 2007

Emergency Mortgage Loan Modification Act of 2007

by Moe Bedard

A the bill intended to address the potential for lawsuits against mortgage holders or servicers who enter into modifications or workout agreements with borrowers by investors is making its way before the House Committee on Financial Services and was addressed at length in a hearing held by the Committee on December 6th.

The ”Emergency Mortgage Loan Modification [...]

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