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Home Ownership: Mortgage Servicing Transfers Are Increasing and Causing Borrower Concern

RCED-90-62 Published: Nov 01, 1989. Publicly Released: Nov 22, 1989.
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Highlights

Pursuant to a congressional request, GAO reviewed home mortgage servicing transfer practices.

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Accounting errorsBilling proceduresEscrow accountsHomeowners loansLending institutionsLoan repaymentsMortgage loansProposed legislationState lawTaxes