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Scott Buchanan, executive director of the scholar Mortgage Servicing Alliance, a trade team for federal scholar bank loan servicers, denied that the companies advantage by veering from The federal government's orders.
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"We are incentivized to satisfy the necessities that the government sets, which incorporates supplying borrowers the advantages which the regulation offers," Buchanan mentioned. "We've been audited, and have business enterprise or reduce it based on Assembly Those people expectations."
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