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"The median monthly payment reduction for borrowers enrolled in
the (HAMP) program is $522" - DSnews.com

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Mortgage Litigation is on the Rise


The Mortgage Litigation index just announced that there has been a huge increase of litigation cases within the mortgage industry. It was determined that mortgage litigation and foreclosure litigation has doubled in the second quarter. Mortgage litigation cases went from 75 cases last year to 190 cases this year in the second quarter. Investor Litigation, servicing litigation, and criminal mortgage litigation, all have doubled since the last year as well.