HUD Urged to Seek Remedies to Recover Losses on Ineligible Loans
March 14, 2011
The Department of Housing and Urban Develoment defended itself against criticism by its own internal watchdog by underscoring steps it has taken to strengthen its ability to target and review high-risk, federally insured mortgage loans. Responding to a recent negative evaluation by its Office of the Inspector General, HUD said...
Is Onity Group eyeing a sale? Perhaps. And why not? Servicing values are approaching a 25-year high.
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