The program — called the Independent Foreclosure Review — has been beset with questions about its fairness, transparency and integrity since it launched. At least partly due to these problems, many borrowers aren’t even bothering to apply for compensation.
New settlement deal arrives with foreclosure reviews facing public scrutiny
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U.S. mortgage delinquency rates remain near historic lows: CoreLogic
The share of mortgages that were six months or more past due fell to its lowest level in 15 years in February