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national servicing standards emerge in new homeowner bill of rights: National Servicing Standards Emerge in New Homeowner Bill of Rights - 02/02/12 02:40 PM
  The administration believes that the mortgage servicing system is badly broken and would benefit from a single set of strong federal standards,” the White House said in a document outlining President Obama’s vision for how a servicing shop should be run.
The president on Wednesday introduced what he’s termed the Homeowner Bill of Rights – plainly defined principles that Obama says will ensure borrowers and lenders are playing by the same common-sense rules. At the top of that list is a simple, straightforward mortgage disclosure form so borrowers have a clear understanding of their loan.
Obama told constituents in … (0 comments)

 
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