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Government mortgage partners accused of abuses (Richmond Times-Dispatch)

Posted by mortgage 1015 days ago (Editorial)

Billions of dollars the government is spending to help financially pressed homeowners avert foreclosure are passing through?and enriching?companies accused of preying on the people they?re supposed to help, an Associated Press investigation has found. The companies, known as mortgage servicers, are middlemen who collect monthly payments from homeowners and funnel the money to the banks or ...