Fitch: Foreclosure Timelines Up as Nonbanks Take Hold of MSRs

New large mortgage servicing rights transfers expected to be completed in the last half of 2013 indicate banks will continue to offload defaulted, high-risk loans into the hands of nonbanks.

Article source: http://www.nationalmortgagenews.com/dailybriefing/Fitch-Foreclosure-Timelines-Up-Nonbanks-Take-Hold-MSRs-1038233-1.html

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