MBA Joint Letter to HUD on Face-to-Face Requirements
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The Mortgage Bankers Association (MBA), American Bankers Association (ABA), Housing Policy Council (HPC), and the National Mortgage Servicing Association (NMSA) (the Associations) respectfully submit these comments in response to the Department of Housing and Urban Development’s (HUD) proposal to modernize the rules applicable to a Federal Housing Administration-insured (FHA) mortgage servicer’s engagement with a borrower in default.
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