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The Note Is All a Lender Needs to Foreclose

02 May 2012

American Banker

Recently, the issue of a lender's authority and right to pursue foreclosure on defaulted residential mortgage loans has become a subject of national interest. It is at the heart of the $25 billion settlement agreed to recently between the Federal government, 49 state attorneys general and the nation's five largest loan servicers.

Read: "The Note Is All a Lender Needs to Foreclose"

The team

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