Servicers Not Doing Enough for Troubled Borrowers, Consumer Group Says
Posted by Paul Jackson on Jul 3rd, 2008
2008
Jul 3
As the number of foreclosures continue to outpace loan workout activity, consumer groups are growing restless — suggesting that servicers aren’t doing enough to help.
The latest to make the case on Wednesday afternoon was the California Reinvestment Coalition, which released a report that argued home loan servicers and lenders are not working with borrowers [...]