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Foreclosure News

Servicers To Pay Fines Restitution For Wrongfull Foreclosures

April 15, 2011

The retrospective foreclosure reviews mandated by the formal enforcement actions handed down to servicers will help regulators evaluate the extent of the problem and determine the amount of monetary fines that should be assessed, according to John Walsh, head of the Office of the Comptroller of the Currency (OCC). The OCC, along with the Federal [...]

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