2013-04-04bloomberg.com

``According to the GAO, third-party consultants hired by the servicers complained that the loan files and scope of the file review made the process "complicated and time-consuming." The consultants -- among them Promontory Financial Group LLC, Ernst & Young LLP and PricewaterhouseCoopers LLP -- said some files contained as many as 50 documents, comprising more than 2,000 pages. They also reported that consultants spent as many as 50 hours to complete a full single file review. ''



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