A special report on residential mortgage servicers by Moody's Investors Service offered descriptions of how servicers' practices have changed in response to legal and regulatory concerns over the past year.

The report, entitled "Trends in Residential Mortgage Servicing Practices," disclosed the reduction or elimination of ancillary fees, improved disclosure and itemization of fees, initiation of pre-foreclosure reviews, scrutiny of force-placed insurance activity, increased quality-control initiatives, and instituted quality-based incentive compensation programs.

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