Wednesday, October 13, 2010

US attorneys general inspect Mortgage Servicers

The association of attorneys general from 40 states in US is estimated to announce Wednesday to start inquiry of mortgage servicers in mortgage servicing industry.

The attorneys general announced they plan verify level of problem first and solve the problems. Some of them said that they consider the results of inquiry is an agreement that power lenders and servicers to create loan changes or accept main forgiveness plans.

The mortgage service companies are getting publicity currently and they are notified to take this honestly to do mortgage workouts to keep people in their homes said in a report by Ohio Attorney General Richard Cordray.

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