A Review of Mortgage Servicing Practices and Foreclosure Mitigation
A Review of Mortgage Servicing Practices and Foreclosure Mitigation

Author: United States. Congress

Publisher: Createspace Independent Publishing Platform

Published: 2018-01-17

Total Pages: 156

ISBN-13: 9781983929618

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A review of mortgage servicing practices and foreclosure mitigation : hearing before the Committee on Financial Services, U.S. House of Representatives, One Hundred Tenth Congress, second session, July 25, 2008.

Mortgage Foreclosures
Mortgage Foreclosures

Author: A. Nicole Clowers

Publisher: DIANE Publishing

Published: 2011-08

Total Pages: 77

ISBN-13: 1437985416

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Mortgage servicers -- entities that manage home mortgage loans -- halted foreclosures throughout the country in September 2010, finding that documents required to be provided to courts in some states may have been improperly signed or notarized. In addition, academics and court cases are raising questions over whether foreclosures are being brought properly because of concerns over how loans were transferred into mortgage-backed securities. This report examined: (1) the extent to which federal laws address mortgage servicers' foreclosure procedures and federal agencies' past oversight; (2) federal agencies' current oversight and future oversight plans; and (3) the potential impact of these issues on involved parties. Illus. A print on demand report.