Viewpoint: The Battle for Mortgage Banking
Posted by Paul Jackson on Jul 31st, 2008
2008
Jul 31
The mortgage lending industry as we know it is losing the battle for its very existence.
House Financial Services Committee chairman Barney Frank (D-MA) held a hearing last Friday that “examined the role of mortgage servicing in the foreclosure crisis, focusing specifically on ongoing problems with loan modifications and the need for improvements in servicing practices [...]