real: AG-Mortgage Servicers term-sheet; A non-starter?
- 03/12/11 02:16 AM
From The Hallmark Abstract Sentinel, courtesy of Hallmark Abstract Service in New York March 7, 2011 a term-sheet for a settlement with the mortgage servicers was released by all the 50 states attorney's general. A first blush analysis of this proposal made the reader think more of a light slap on the wrist than of any real punitive punishment. For example: @font-face { font-family: "Cambria"; }p.MsoNormal, li.MsoNormal, div.MsoNormal { margin: 0in 0in 10pt; font-size: 12pt; font-family: "Times New Roman"; }div.Section1 { page: Section1; } Of the 27 points presented most are items the servicers should already have been doing, and dealing (1 comments)
The Hallmark Abstract Sentinel is written for the purpose of keeping our clients and subscribers current on any issues that may have the potential to impact the real estate, mortgage or title insurance markets.
Examples of these issues include the current foreclosure crisis and the potential that foreclosures already completed could be overturned due to a variety of legal issues.