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Sen. Wyden Calls Out LPS for Illegal Servicing Fees

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U.S. Sen. Ron Wyden (D-OR) has urged the U.S. Attorney General to investigate allegations that a mortgage servicing firm is overcharging struggling homeowners on default and foreclosure fees. “Not only is the thought of making it harder for struggling homeowners to reinstate their loans appalling, but charging for fees already being paid by a government-backed entity such as Fannie Mae is illegal under the False Claims Act,” Sen.Click to continue


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