2009-09-17 — housingwire.com
The Federal Deposit Insurance Corp. (FDIC) released a tool kit of information that will help avoid unnecessary foreclosures and stop “rescue†scams that promise — but do not deliver — aid to borrowers on the verge of losing their home.
The tool kit includes information to point borrowers to the right contacts and clarifies what documents they need to apply for loan modifications. It includes a brochure that encourages consumers to contact their servicer if facing financial difficulties.
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