Regulators Say Mortgage Finance Industry Will Cycle Backward After Loss Mitigation, Loan Mod Efforts
October 24, 2008
The mortgage and MBS industry is being swamped with a new wave of regulation that includes an intense focus on loss mitigation and foreclosure avoidance. It’s going to have a huge impact on the companies that survive the housing crisis, according to regulators speaking at this week’s ABS East conference sponsored by Information Management Network. Major legislation enacted this year...