Servicing The Ticker

More states aim to stop foreclosures

States across the country are proposing a new range of rules that would make it more difficult for banks to foreclose on troubled homeowners.

The moves were prompted by concerns that the lenders have been inefficient in restructuring their mortgages, which results in unnecessary foreclosures.

Click here to read more in the Wall Street Journal.

Reprints
Comments powered by Disqus