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Settlement Monitor Launches New Online Complaint Tool

Consumer advocates now have the ability to report violations if their clients suspect any as the nation's five largest servicers complete requirements under the $25 billion settlement. Speaking at a conference hosted by the National Community Reinvestment Coalition, Joseph A. Smith, Jr., the settlement monitor, announced the standup of a website portal for complaints about servicers. A statement said that the monitor will use any information gathered from the online tool to oversee implementation of the agreement with servicers.

To read the full story, visit our sister publication at ""theMReport.com"":http://www.themreport.com/articles/settlement-monitor-launches-new-online-complaint-tool-2012-05-11

About Author: Ryan Schuette

Ryan Schuette is a journalist, cartoonist, and social entrepreneur with several years of experience in real-estate news, international reporting, and business management. He currently lives in the Washington, D.C., area, where he freelances for DS News and MReport.

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