Talks Could Cut Billions From FHA Loan Claims

Berry, Kate
November 2011
American Banker;11/28/2011, Vol. 176 Issue 182, p1
Trade Publication
The article discusses the U.S. Department of Housing and Urban Development's (HUD's) proposed settlement with mortgage servicers that could save the banking industry billions of dollars. With the HUD settlement, banks will be released from liability linked to their loss-mitigation practices regarding delinquent loans insured by the Federal Housing Administration (FHA).


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