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New Borrower Protections Proposed – The rules are scheduled to be formally proposed this summer with an eye toward final adoption in January 2013, following a period of review and public comment. Would apply to mortgage billing.
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Mortage Glossary – Provident Funding – Abandonment The voluntary relinquishment of rights of ownership or another interest (such as an easement) by failure to use the property, coupled with intent to abandon.