Serious Flaws in Servicers’ Program Threaten Help for Borrowers

WASHINGTON, D.C. – July 18, 2012 – (RealEstateRama) — The recent Government Accountability Office (GAO) report on the Independent Foreclosure Review (IFR) process reveals serious flaws that threaten to undermine the program’s success. The IFR is intended to compensate borrowers for mistakes their mortgage servicers made in the foreclosure process.


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