Relevant:
- American Securitization Forum Outlinines Procedures for Servicers to Follow in Streamlining Loan Modifications
- First American Sub Rolls Out Loss Mit Outsourcing
- loan servicers complete more permanent loan modifications
- U.S. consumer bureau issues rules to clean up mortgage servicing
- California State Bar Court Lacks Fundamental Knowledge of Loan Modifications
2007-12-07 — loanworkout.org
``Alert - Borrowers in segment 3 will be stuck in the never ending grinding wheels of the servicers loss mitigation department and will most likely have (if they are lucky) a 1 in 100 chance of working some kind of loan workout or loan modification with their lender. In other words, much of the same ol, same ol.''
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