MARS Flashcards

1
Q

What is MARS?

A

Mortgage Assistance Relief Services

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2
Q

What is the record retention for MARS?

A

2 years

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3
Q

MARS addresses acts and practices of for-profit companies who offer services to the consumer for any of the following:

A
Saving from foreclosure 
Obtaining a forbearance
Negotiating when they may cure their default
Arranging a short sale
CANNOT COLLECT ADVANCE FEES
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