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Channel: Bryan Ellis Real Estate Letter » Mortgage Servicers
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Justice Department Extends Deadline for Bank Settlement

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Banks required to submit a plan of action for handling loan modifications and foreclosures are going to get an extension on crafting that plan, thanks to the federal Justice Department[1]. Mortgage servicers were supposed to submit their plans for dealing with contacting struggling borrowers, handling loan modifications in good faith and adjusting other problematic aspects […]

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