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Loan Modification

: Loan Modification & Home Loan News

Treasury official praises mortgage servicers

By Moe Bedard

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(Reuters) – An Obama administration housing official on Wednesday praised the mortgage servicing companies, just one day after Treasury Secretary Timothy Geithner said the industry needs an overhaul. Cindy Gertz, director of operations at the Treasury Department’s Homeownership Preservation Office, said mortgage servicers–firms which collect loan payments–have hired tens of thousands of extra staff to [...]

Full post as published by Loan Modification & Home Loan News on January 20, 2011 (boomark / email).

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