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Loan Modification

: Mortgage Lender Implode-o-Meter

Despite Finding Big Problems in Mortgage Industry, Regulators? Punishment Unclear

By Implode-Explode Heavy Industries

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"Federal regulators say they're going to crack down after finding "critical deficiencies" with how banks and mortgage servicers have been handling struggling homeowners. But it's an open question just what form a punishment will take, with one regulator reportedly pushing lighter penalties than the others."

Full post as published by Mortgage Lender Implode-o-Meter on February 18, 2011 (boomark / email).

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