Servicers urged to act quickly in mortgage settlement write-downs

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Mortgage servicers will get credited for more principal reduction than is actually provided over the next 12 months in an apparent attempt to get servicers to act quickly, according to the.

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The Norris Group Real Estate News Roundup 3/12/12 – Housing Wire – "Servicers urged to act quickly in mortgage settlement write-downs" (3-12-12) "Mortgage servicers will get credited for more principal reduction than is actually provided over the next 12 months in an apparent attempt to get servicers to act quickly, according to the mortgage servicing settlement." Hard Money Loan Closed

Regulation X: A New Direction for the Regulation of Mortgage Servicers Margaret R.T. Dewar Managing Editor, Emory Law Journal; J.D., Emory University School of Law (2014); B.A.New York University (2011). My sincerest gratitude goes to Professor Frank S. Alexander for his invaluable guidance and knowledge.

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