ASF Works on Loan Mod Framework 2.0 as Weakening U.S. Economy Portends Deeper Foreclosure Problem
November 14, 2008
The American Securitization Forum is quietly working on an expanded version of the “framework” it developed a year ago to help subprime ARM borrowers avoid foreclosure. The industry group plans to tackle some of the most obstinate problems in loss mitigation, including second liens, improved analytical tools and helping servicers parse the pooling and servicing...