How many times has your mortgage company changed since you bought your house or refinanced?
Today Reuters reported that the U.S. Department of Justice is asking... well, the article used the word "urging" ... Congress to require companies to preserve and maintain records for 10 years to make prosecuting fraud easier.
Your thoughts?
I think it's good news for the homeowner if legislation is passed. However, the folks in corporate records & information management might consider it a great challenge for which they are ill prepared.
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