Mortgage Servicer SLS Has Lawyers Go All Lord Humungus On MFI-Miami It seems as if MFI-Miami has gotten the attention of Australian-owned mortgage servicer SLS or Specialized Loan Servicing. As a result, SLS has now used its lawyers to go all Lord Humungus on MFI-Miami. Hopefully, you’re old enough to remember who Lord Humungus was. For […]
Mortgage Servicer SLS Goes All Lord Humungus On MFI-Miami Read Post »
Billionaire Real Estate Investor Says US Commercial Mortgage Market On The Brink Of Collapse Because Of COVID-19 Billionaire Tom Barrack says the US commercial mortgage market is on the brink of collapse because of the coronavirus crisis. The CEO of Colony Capital said the economic ‘domino effect’ could dwarf the Great Depression. Barrack also said
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Mortgage Servicers Expect Annihilation Due To The Coronavirus And Are Lining Up For Trump Bailouts Mortgage servicers are already waiting in line for their corporate welfare checks from the Trump administration. The Mortgage Bankers Association said deferred and late mortgage payments because of the coronavirus could trigger a financial nightmare for mortgage servicers. Fannie Mae
Coronavirus Could Decimate Mortgage Servicing Industry Read Post »
New York State Orders Mortgage Servicers To Give 90-Day COVID-19 Mortgage Relief To New York Homeowners Governor Andrew Cuomo and New York State orders lenders and mortgage servicers to step up their mortgage relief efforts. The New York Department of Financial Services demanded servicers let certain residents skip their mortgage payments for 90 days. Cuomo
New York State Orders Mortgage Servicers To Offer COVID-19 Relief Read Post »
