Real Estate
Making Payments Doesn’t Guarantee You Won’t Be Foreclosed On
The Real News and guest Yves Smith of Naked Capitalism discuss the inner workings of the mortgage servicing industry – including how loans are created, transferred, serviced and foreclosed upon. Yves points out that mortgage services actually profit, not lose money, in the event a borrower is unable to make payments.
The Real News and guest Yves Smith of Naked Capitalism discuss the inner workings of the mortgage servicing industry – including how loans are created, transferred, serviced and foreclosed upon. Yves points out that mortgage services actually profit, not lose money, in the event a borrower is unable to make payments.
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