Monday, April 4, 2011

Banks Offer Own Mortgage-Servicing Plan

This may be interesting to follow. The nations five largest banks have sent a proposal to government officials. It would be interesting to see if it’s possible to find the document that was sent and what the government’s response will be.

http://online.wsj.com/article/SB10001424052748703739204576229312953172884.html?mod=WSJ_PersonalFinance_PF5#articleTabs%3Darticle

1 comment:

  1. If third parties will be involved, what will regulate how they do business and prevent the banks from influencing them?

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