New York Senator and Chairman of the Senate Judiciary Subcommittee on Administrative Oversight and the Courts, Charles Schumer has decried ‘Death by A Thousand Fees’; suggests better deterrence, stiffer penalties, and more disclosure to end ‘Vulture Mentality’ of mortgage lenders and servicers.
Can everyone say, “predatory servicing?” Welcome to mortgage servicing 101.
Mortgage Servicing Chapter 1 – [...]
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