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Loan Modification

: Loan Modification & Home Loan News

US Regulators Zero In on Loan Servicers to Fix Foreclosures

By Moe Bedard

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Image by Getty Images via @daylife (Source: Bloomberg) – U.S. mortgage servicers face a new era of tighter oversight as regulators seek to cut the number of botched foreclosures and increase loan modifications for struggling borrowers. The industry, which oversees $10.6 trillion in loans, has been overwhelmed by more than 3 million foreclosures since 2006. [...]

Full post as published by Loan Modification & Home Loan News on January 27, 2011 (boomark / email).

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