CFPB Chief Warns of Pervasive Flaws in Residential Servicing

Raj Date, the de facto head of the Consumer Financial Protection Bureau, said Tuesday that misaligned incentives led to some of the major problems in mortgage servicing and still persist.

Article source: http://www.nationalmortgagenews.com/dailybriefing/2010_435/pervasive-flaws-residential-servicing-1026633-1.html

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