FDIC Chair Addresses Robo-Signings and Poor Servicer Incentives
{ Posted on Oct 14 2010 by Jann Swanson }
Federal Deposit Insurance Corporation Chairperson Sheila Bair told an audience in Washington on Tuesday that the current "robo-signing" situation underscores how wrong things went in the financial crisis and that there is still a lot of work to do. Robo-signing ...Read More »
My goal in creating this blog is to provide an honest, inside view of the mortgage industry, and to explain the process of obtaining a mortgage in the most straightforward and effective manner possible.
There are so many aspects of the loan process that consumers don’t understand, seemingly basic things that can affect your interest rate substantially, costing you thousands each year. And they can be resolved with minor solutions, often just by reading blogs like this. So go ahead, browse the site and educate yourself. Because in this industry, knowledge equals savings! »