Magnifying servicing's fine print: paying attention to detail can reveal hidden traps in servicing contracts.
Mortgage Banking › Vol. 50 Nbr. 9, June 1990 ›
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Magnifying servicing's fine print: paying attention to detail can reveal hidden traps in servicing contracts.
Magnifying Servicing's Fine Print
Paying attention to detail can reveal hidden traps in servicing contracts. Reports of the escalated volume of servicing transfers are not exaggerated. Servicing is being transferred involuntarily and voluntarily between non-related parties and related parties. The underlying reason for these transactions is no longer just a simple need to convert assets to cash. Consequently, the principle "caveat emptor" is now frequently tested. The s...See the full content of this document
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