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Loan Modification

: Loan Modification & Home Loan News

Homeowners Plead for Help from Abusive Mortgage Servicing

By Moe Bedard

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Loan servicers act as middlemen between borrowers making mortgage payments and investors who own their loans.  It’s the loan servicing company that is responsible for  managing the loan. Though they play a crucial role in the subprime mortgage mess, they continue to have virtually no oversight. The mortgage servicing industry is currently unregulated, equating to [...]

Full post as published by Loan Modification & Home Loan News on January 06, 2010 (boomark / email).

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