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Real Estate & Property Law

: Housing Wire

Servicers Look to Avoid the F-Word

By JACOB GAFFNEY

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Servicers are facing difficult decisions in 2009 concerning a combination of regulatory strangleholds and an ever-struggling borrower base. But, panelists at the Texas Mortgage Bankers Association?s 5th annual Loan Servicing Conference say foreclosure should remain the last option. ?Four or five years ago, most servicers didn?t know Fannie Mae and Freddie Mac from Farmer Brown,? remarks [...]

Full post as published by Housing Wire on April 16, 2009 (boomark / email).

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