Thousands of cases like this one have pointed out that SPS and other servicers like Ocwen do not consult with any investor, do not evaluate the case for settlement, modification or mitigation. The answer to questions arising from the unwillingness of those companies to comply with law stems from the fact that the vast majority […]
via Homeowners Sue SPS in Class Action Over Failure to Mitigate — Livinglies’s Weblog
Filed under: banking, Fannie Mae, Federal civil litigation, Federal Housing Administration, finance, Foreclosure, foreclosure defense, Freddie Mac | Tagged: foreclosure, Law, legal, mortgage servicing, SPS class action lawsuit | Leave a comment »