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Real Estate & Property Law

: Housing Wire

Servicers Stretched on Capacity, Advances, Say Analysts

By PAUL JACKSON

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Residential mortgage servicers are dealing with a steep rise in delinquent loans, while servicers on the commercial side are witnessing an uptick in transfers of nonperforming assets to special servicing, according to a recent summary published by Standard & Poor’s Ratings Services. “With the dramatic increase in loan delinquencies come staffing and capacity issues, portfolio risk related [...]

Full post as published by Housing Wire on November 06, 2008 (boomark / email).

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