Foreclosure activity continues to recede and many of a regulatory reforms combined to strengthen unsettled borrowers have been implemented. Yet debt servicers still haven’t entirely resolved a operational hurdles confronting their business. Why?
Servicers spent “so many years so focused on only removing by day, they’re finally in a position where they can do a post-mortem,” pronounced Marina Walsh, clamp boss of attention investigate in a Mortgage Bankers Association’s investigate and economics department.
Article source: http://www.nationalmortgagenews.com/news/why-servicing-still-hasnt-recovered-from-the-foreclosure-crisis