Lenders need to streamline the application process in loan modification programs, sparing borrowers from having to submit documents that reveal little about the risk of redefaults, experts said at a mortgage conference in Dallas this week.

"We have to have a simple application package [with] standard terms [and a] uniform application," Ivery Himes, director of asset management for the Federal Housing Administration, said Wednesday during the Mortgage Bankers Association's servicing conference.

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