by Moe Bedard
The servicing business has been going through some changes lately in the form or mergers and acquisitions. Obscene profits can be made in the servicing arena. Especially in today’s market of delinquencies and defaults.
All this spells is extra fees and income for today’s servicers.
So, it is no surprise that Litton, an affiliate of Wall Street [...]
Read the full article →
by Moe Bedard
I have been trying to get some more information on the new loan modification agreement that California Governor Arnold Schwarzenegger has worked out with Countrywide, GMAC, Litton and HomeEq .
This San Francisco Gate article has been all I can dig up that had some facts about the details.
While I am excited about this new agreement, I [...]
Read the full article →
