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Banks May Face Stricter Mortgage Measures After Big Settlement Fail
How Mortgage Servicing Has Come to Resemble Professional Wrestling (But Not As Much Fun)
New York filmmaker/blogger
As a long-time fan of professional wrestling I've come to see how much of mortgage servicing resembles what goes on in the ring. Like wrestling the servicing business is full of "works," "gimmicks," "heels and baby faces," so let me explain.
Bank Errors Behind One-Third Of All Foreclosures
Nearly a third of all foreclosed borrowers who faced proceedings brought by the biggest U.S. mortgage companies during the height of the housing crisis came to the brink of losing their homes due to potential bank errors or under now-banned practices, regulators have revealed.
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