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Loan Modification

: Mortgage Lender Implode-o-Meter

Lawmakers hit banks, regulators on foreclosures

By Implode-Explode Heavy Industries

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"Lawmakers hauled the top U.S. mortgage lenders and their regulators to Capitol Hill on Thursday to chastise them for widespread flaws in foreclosure documents, but failed to extract any promises of fines or fresh loan modification programs."

Full post as published by Mortgage Lender Implode-o-Meter on November 19, 2010 (boomark / email).

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