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Cheat Sheet: A Detailed Look at CFPB's Tough New Servicing Rules

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Equity stripping to fund default servicing would seem protected, pre or post foreclosure, in that achieving property price discovery for effecting borrower workouts much less investor recoveries is still unpressed. This should allow the practice of asset "management" via speculative and indefinite asking prices to continue unabated as to borrower outcomes and collateral preservation. Great for default servicing fee earning...perhaps less so for owners/borrowers, investors and the marketplace.
Posted by deancw | Friday, January 18 2013 at 12:09PM ET
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