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Resolution Trust Corporation: Unnecessary Loan Servicing Costs Due to Inadequate Contract Oversight

GGD-91-19 Published: Jan 17, 1991. Publicly Released: Jan 17, 1991.
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Highlights

Pursuant to a congressional request, GAO reviewed the Resolution Trust Corporation's (RTC) use of interim servicing agreements (ISA) to determine ISA loan servicing costs and the adequacy of RTC monitoring of such agreements.

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