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Real Estate & Property Law

: Housing Wire

Feds Urge New Lender Record Keeping Requirements

By PAUL JACKSON

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The U.S. Justice Department is urging Congressional leaders to require mortgage lenders and servicers to retain borrower records for up to 10 years, as part of an effort to make it easier to prosecute fraud — alleging that regulators and law enforcement officials have had a tough time pursuing lenders for wrongdoing because of [...]

Full post as published by Housing Wire on April 06, 2009 (boomark / email).

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