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Loan Modification

: Loan Modification & Home Loan News

Bond Investors to Complain About Robo-Signing Costs

By Moe Bedard

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Oct. 27 (Bloomberg) — Mortgage-bond investors represented by Dallas lawyer Talcott Franklin will send letters to securities trustees complaining that they shouldn?t bear the costs of loan servicers? so-called robo-signing. The investors, who Franklin has said own more than $500 billion of the securities, are ?pretty disturbed? that mortgage-bond trusts are being forced to pay [...]

Full post as published by Loan Modification & Home Loan News on October 28, 2010 (boomark / email).

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