Independent consultants working for the Office of the
Comptroller of the Currency and the Federal Reserve are beginning
to review nearly 4.5 million foreclosure filings, and their
findings could help mortgage servicers avoid future borrower
claims, HousingWire reported Dec. 13. If consultants find that
borrowers have been harmed by improper foreclosure processes and
those borrowers receive remediation, they would not be able to
bring additional claims against mortgage servicers.
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