Tuesday, June 17, 2014

NON-DISCLOSURE CLAUSES IN MORTGAGE MODIFICATION

Although it was recently reported that certain banks or servicers required clause in their modification agreements that disallowed some homeowners from criticizing the company publicly in exchange for having their loan terms modified, at least one of them has retracted from this stance.

The most recent story I found can be viewed at this link:

http://dsnews.com/news/06-03-2014/ocwen-longer-requiring-gag-orders-loan-mods

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