Thursday, November 1, 2012

Full Compliance Deadline For U.S. Mortgage Settlement Standards Now In Effect

Full Compliance Deadline For U.S. Mortgage Settlement Standards Now In Effect: All five major lenders involved in the National Mortgage Settlement now must be in full compliance with the agreement’s rules to prevent “robo-signing”— the widespread improper notarization and document signing abuses that caused the national foreclosure crisis — and more banks are negotiating settlements to resolve claims of wrongdoing.
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