How Long to Read Foreclosure Review, Regulators Could Strengthen Oversight and Improve Transparency of the Process
By U.s. Government Accountability Office
How Long Does it Take to Read Foreclosure Review, Regulators Could Strengthen Oversight and Improve Transparency of the Process?
It takes the average reader 1 hour and 35 minutes to read Foreclosure Review, Regulators Could Strengthen Oversight and Improve Transparency of the Process by U.s. Government Accountability Office
Assuming a reading speed of 250 words per minute. Learn more
Description
" In 2011 and 2012, OCC and the Federal Reserve signed consent orders with 16 mortgage servicers that required the servicers to hire consultants to review foreclosure files for errors and remediate harm to borrowers. In 2013, regulators amended the consent orders for all but one servicer, ending the file reviews and requiring servicers to provide $3.9 billion in cash payments to about 4.4 million borrowers and $6 billion in foreclosure prevention actions, such as loan modifications. One servicer continued file review activities. GAO was asked to examine the amended consent order process. This report addresses (1) factors considered during cash payment negotiations between regulators and servicers and regulators' goals for the payments, (2) the objectives of foreclosure prevention actions and how well regulators designed and are overseeing those actions to achieve objectives, and (3) regulators' actions to share information from the file review and amended consent order processes and transparency of the processes. GAO analyzed regulators' negotiation documents, oversight memorandums, and information provided to borrowers and the public about the file review and amended consent orders. GAO also interviewed representatives of regulators, servicers, and consultants. "
How long is Foreclosure Review, Regulators Could Strengthen Oversight and Improve Transparency of the Process?
Foreclosure Review, Regulators Could Strengthen Oversight and Improve Transparency of the Process by U.s. Government Accountability Office is 94 pages long, and a total of 23,876 words.
This makes it 32% the length of the average book. It also has 29% more words than the average book.
How Long Does it Take to Read Foreclosure Review, Regulators Could Strengthen Oversight and Improve Transparency of the Process Aloud?
The average oral reading speed is 183 words per minute. This means it takes 2 hours and 10 minutes to read Foreclosure Review, Regulators Could Strengthen Oversight and Improve Transparency of the Process aloud.
What Reading Level is Foreclosure Review, Regulators Could Strengthen Oversight and Improve Transparency of the Process?
Foreclosure Review, Regulators Could Strengthen Oversight and Improve Transparency of the Process is suitable for students ages 10 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
When deciding what to show young students always use your best judgement and consult a professional.
Where Can I Buy Foreclosure Review, Regulators Could Strengthen Oversight and Improve Transparency of the Process?
Foreclosure Review, Regulators Could Strengthen Oversight and Improve Transparency of the Process by U.s. Government Accountability Office is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.
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