Friday, August 19, 2016

Experts agree mortgage servicer compensation needs to change

The industry knows there is a gigantic problem surrounding servicer compensation. But as Laurie Goodman, codirector of the Housing Finance Policy Center with the Urban Institute, so eloquently put it at a housing policy event on Wednesday, “It is much easier to say the current system does not work than it is actually come up with something better.” Could 2017 be the year this all finally changes?

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