Book Description
This digital document is an article from Mortgage Banking, published by Mortgage Bankers Association of America on February 1, 2004. The length of the article is 345 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.Citation Details
Title: Sound financial ground.(Portfolio)(Cover Story)
Author: Janet Reilley Hewitt
Publication: Mortgage Banking (Magazine/Journal)
Date: February 1, 2004
Publisher: Mortgage Bankers Association of America
Volume: 64 Issue: 5 Page: 4(1)Article Type: Cover StoryDistributed by Thompson Gale
Excerpt. © Reprinted by permission. All rights reserved.
LENDERS HAVE A HUGE STAKE IN PREVENTING BORROWERS FROM ENCOUNTERING financial trouble. Servicers suffer greatly when a loan goes into foreclosure. But today's servicers also realize when borrowers go under and lose a home, there is a loss that is bigger than just the cost of one foreclosure. Preserving homeownership--not just getting borrowers into a home--is a new mantra in the industry among leading servicers, mortgage insurers and investors.
Home
