Servicers and Investors Search for Middle Ground In Loan Mod Battle, Ask for Standardization
February 20, 2009
The mortgage market is beset by a fragmented tug-of-war among mortgage servicers, MBS investors and issuers over the foreclosure crisis, according to experts speaking at the American Securitization Forum annual conference in Las Vegas last week. There was little agreement about the best approach to mitigating foreclosure and keeping borrowers in their homes, but many...