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Loan Modification

: Mortgage Lender Implode-o-Meter

Freddie Mac Rules Out MERS Foreclosures

By Implode-Explode Heavy Industries

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``Effective April 1, servicers managing Freddie Mac loans will no longer be allowed to foreclose on properties in the name of Mortgage Electronic Registration Systems (MERS).''

Full post as published by Mortgage Lender Implode-o-Meter on March 24, 2011 (boomark / email).

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