Federal Agencies Dig Into Foreclosure Processing Problems, Suggest Servicing System is Flawed
October 28, 2010
Federal regulators and the mortgage industry didn’t pay close enough attention to signs that the servicing business was headed for trouble as it tried to deal with the massive loan defaults and foreclosures stemming from the collapse of the housing market, said...
Is Onity Group eyeing a sale? Perhaps. And why not? Servicing values are approaching a 25-year high.
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