Covering the news and stories that relate to the national foreclosure crisis.
Thursday, October 14, 2010
We've been told this story an untold number of times. FYI The servicers receive $1000 or so per person in HAMP. Now multiply $1000 x 1 million. Your tax dollars at work to pay servicers to string people along, default them, then foreclose. Propublica.org has all the stats on servicer compliance for your reading enjoyment.