Computer approves loan mods
First, there was "robosigning." Now, there is IntelliMods.
The name might sound like science fiction, but, in fact, IntelliMods is a new Web-based computer application that purports to help loan servicers decide whether to approve borrowers' requests for a loan modification.
IntelliMods is a product of CoreLogic, an corporation traded on the New York Stock Exchange and
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