by Moe Bedard
Attorney General Alert: We at LoanWorkout.org “believe” that your recent unfair and deceptive predatory lending settlements can be parlayed and effectively used against the incredibly unfair and deceitfully deceptive mortgage servicing industry.
A mortgage servicer’s fiduciary duty is “only” to the investor for which they are servicing the pool of mortgages for and not the homeowner. [...]
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by Moe Bedard
Back in June the American Securitization Forum (ASF) issued a statement of principles, recommendations and guidelines for the modification of subprime residential mortgage loans that are included in a securitization. This statement was put in place to help guide servicers and to establish some sort of structure and protocol of loan modification provisions that are included in securitization governing [...]
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