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Loan Modification

: Mortgage Lender Implode-o-Meter

Fannie Mae gets tougher on mortgage servicers

By Implode-Explode Heavy Industries

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"Fannie Mae (FNMA.OB), the largest provider of funding for U.S. residential mortgages, will begin demanding compensation from mortgage servicing companies that fail to properly handle troubled mortgage loans, the company announced late on Tuesday."

Full post as published by Mortgage Lender Implode-o-Meter on September 01, 2010 (boomark / email).

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