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: Credit SlipsMortgage Servicing Paper
By Adam Levitin
Credit Slips Guest Blogger Tara Twomey and I have a new paper out on mortgage servicing in the Yale Journal on Regulation. It's long, but it tries to present a comprehensive overview of the economics and regulation of the servicing industry, as well as an argument that servicing suffers from a serious principal-agent problem. We hope it will be a useful resource for those dealing with servicing and working on foreclosure-related issues.
Full post as published by Credit Slips on December 15, 2010 (boomark / email).
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