ProPublica: Outgoing Federal Deposit Insurance Corporation Chairwoman Sheila C. Bair said the mortgage’s industry’s reluctance to provide mortgage modifications stems in part from the industry’s “disdain for borrowers.”
Tag Archive | "Mortgage Servicers"
FDIC Chairwoman: Mortgage Industry ‘Didn’t Think Borrowers Were Worth Helping’
Published on July 13, 2011.
Published in Blog, Government, Housing
In Fine Print, Banks Require Struggling Homeowners to Waive Rights
Published on May 9, 2011.
ProPublica: A case in Florida shows how servicers can invoke waivers to smooth the way to foreclosure — even when servicer error is the apparent cause of default.
Published in Housing
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