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U.S. regulators combat conflicts of interest in foreclosure reviews

U.S. regulators are barring certain law firms from assisting in eliminating foreclosure abuses, citing potential conflicts of interest, the...

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GMAC bests peers in permanent loan mods

While lenders have notoriously struggled over the past year to convert three-month trial mortgage loan modifications to permanent fixes under Obama’s Home Affordable Modification Program, GMAC has a noticeably better track record than its...

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