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Government Settlement forces Big 5 to change Mortgage Servicing Practices
Changes in Mortgage Servicing Practices took effect on October 2, 2012 The $25 billion government settlement with the big five mortgage companies- Bank of America, Citigroup, Ally Financial, Wells Fargo and JPMorgan Chase, have instituted more than 300 changes in the way they service mortgages. The changes took effect on Tuesday, October 2nd. Here are […]