National Servicing Standards Must Address Market Uncertainty
August 15, 2011
Policymakers interested in pushing national mortgage servicing standards are right to make sure that homeowners who were harmed by abusive industry practices are compensated. However, there is still a tremendous amount of uncertainty in the housing and housing finance markets, and any servicing standards that are developed must address that if the weights that hold the markets back are to be cut lose and private capital comes back in full force, a top industry…
Is Onity Group eyeing a sale? Perhaps. And why not? Servicing values are approaching a 25-year high.
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