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Fannie Mae Takes Aim at Servicers with “Languishing” Foreclosures

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It seems like nearly everyone has a story about an acquaintance who has been living, “rent-free,” in their home on a loan that went seriously delinquent months ago. There are a number of explanations for these types of situations, including lenders without the manpower to tackle the foreclosure process on all the distressed homes in […]

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