Reuters: Banks giving short-term help to mortgagors

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Banks giving short-term help to mortgagors
      

WASHINGTON (Reuters) - The biggest U.S. banks that service more than 23 million mortgages totaling $3.8 trillion have focused on short term relief for troubled borrowers rather than permanent changes to mortgage conditions to prevent foreclosures, a top U.S. banking regulator said on Wednesday.
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