New York, January 18, 2013 -- The number of aged loans in foreclosure fell for most servicers of residential mortgage-backed securities in the third quarter of 2012. This is a promising trend for servicers, according to a new analysis by Moody's Investor Service, and indicates that servicers are finally putting behind them the operational and regulatory issues that plagued them in the past and are taking the steps necessary to address their backlogged foreclosure inventory.
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