PrugVamma
Joined: 28 Apr 2012
Posts: 18
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 Posted: 29 Apr 2012 10:16 Post subject: A Review Of Chicago Bulls |
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The legislation introduced by Snowe and Merkley, known as The Regulation of Mortgaging Servicing Act, aims to provide homeowners applying for loan modifications with one contact point to deal with at their bank. It also prevents banks from pursuing loan modification and foreclosure action at the same time, while also requiring the involvement of third-party consultation prior to a bank sending families to foreclosure.
The attorneys general of all the states have teamed up to investigation the foreclosure issue. They have been tackling the banks one by one but the terms are broadly similar. The officials of the state have focused on Bank of America, JPMorgan Chase and Wells Fargo. The expectation is that any agreement with them will be a blue print for agreement with others.
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