| 5/5/10--Cinco de Mayo: HAMP Incentives Denied to NonCompliant Servicers? High Balance Loans; Penny Mac Earnings; Flood Zone Alert |
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| Wednesday, 05 May 2010 07:42 |
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An article by Kate Berry, with American Banker, states that "the Treasury Department is threatening to deny or even claw back incentive payments to mortgage servicers that are not modifying loans according to the administration's guidelines." |