2009-04-28 — housingwire.com
"President Barack Obama’s Making Home Affordable modification plan lacks critical servicer protection laws needed to reach the maximum 3m to 4m borrowers touted as potentially eligible, Bank of America’s Barbara Desoer tells Bloomberg. Lawmakers additionally must draft crucial legislation to shield servicers from lawsuit by holders of securitized bonds."
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taps65 at 19:20 2009-04-29 said:
On the contrary, these servicers need to have the same protection as the homeowners they are servicing. That or the people can wake up and abolish anything Unconstitutional. Permalinkadd a comment | go to forum thread
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