http://www.msn.com/en-us/money/realestate/new-us-mortgage-rules-aim-to-stop-wrongful-foreclosures/ar-BBvgmOb
It is important to avoid wrongful foreclosures. This new rule will be great for homeowners!
This change will be particularly helpful for borrowers who obtain a permanent loan modification and later suffer an unrelated hardship – such as the loss of a job or the death of a family member – that could otherwise cause them to face foreclosure," the CFPB said in an outline of the new rules.
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