bullthistle
Jul 30 2009, 12:30 PM
Since servicers make money even if mortages are late they have no incentive to foreclose ASAP or to modify.
http://www.nytimes.com/2009/07/30/business...vices.html?_r=1
refi4
Aug 1 2009, 03:08 PM
This is a sad state of affairs for real estate and the economy as a whole in which the servicers need to be dealt with properly and as swiftly as possible.