Servicers Awarded For Speedier Loan Mods

Mortgage servicers that modify loans at an earlier stage of delinquency and speed up the process will be paid more under the Department of the Treasury’s new fee structure.

  • 07 Jul 2011
Mortgage servicers that modify loans at an earlier stage of delinquency and speed up the process will be paid more under the Department of the Treasury’s new fee structure. The basic fee for servicing is $1,000, but beginning Oct. 1, a servicer that starts a loan-modification trial before ...

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