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What is the housing counselor required to do?

April 26, 2017counselor HOUSING

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10 Posted

What is the housing counselor required to do?

1 Answer

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10 Posted

Within 10 days after being contacted by a borrower, a housing counselor must inform the designated agent in writing of the borrower’s request to negotiate a loan modification. A housing counselor must also schedule a meeting between the borrower and the designated agent.