Subprime Servicers Ramp Up Loss Mitigation Efforts as Mortgage Delinquencies Increase
March 16, 2007
With delinquencies on the rise, subprime servicers have their work cut out for them. But they should be up to the task, according to Standard & Poor’s. In a recent report, S&P analyst Robert Mackey said he is “confident that servicers are taking proactive measures...