Customer Assistance Centers Help Struggling Borrowers

Nemeroff, Evan
December 2011
Mortgage Servicing News;Dec2011, Vol. 15 Issue 12, p25
The article reports on the establishment of various banks and government-sponsored enterprises in the U.S. of mortgage assistance centers to help distressed borrowers. It is inferred that the customers assistance centers aims to aid struggling borrowers find a loan modification to prevent foreclosure and keep their property. Among institutions which opened homeownership centers are Fannie Mae, J.P. Morgan Chase & Co., and Bank of America Corp.


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