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It’s National Mortgage Servicers Settlement Compliance Day!
Written on 3 Oct, 2012 at 18:32
Per the settlement agreement, Smith will be testing the servicers adherence to the new rules using 29 defined metrics to assess such breaches as improper trustee sales, wrongful denial of modification, the use of fraudulent affidavits in the foreclosure process,... (Continue reading)
Tagged with: $25 billion settlement agreement Attorney General Kamala Harris bank of america california monitor diana olick dual tracking Fannie Mae foreclosure crisis foreclosures Freddie Mac HAMP Joseph A. Smith jpmorgan chase katherine porter loan modification loan modifications Making Home Affordable Plan mandelman mandelman matters martin andelman mortgage crisis mortgage refinancing mortgage servicers National Mortgage Settlement servicer standards single point of contact Treasury Secretary Tim Geithner trial modifications wells fargo bank
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