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: Loan Modification & Home Loan News

Robo-gate Will Haunt REO Inventory for Four Years

By Moe Bedard

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(Source: UPI) – Fall-out from the scandal known as “Robo-gate” will lengthen the time frame for clearing all the current non-agency inventory of distressed properties to four years, according to a new report today by Fitch Ratings. Fitch said corrections by almost all of lenders who reported problems with their default processing have been completed. [...]

Full post as published by Loan Modification & Home Loan News on February 08, 2011 (boomark / email).

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