Stockton CA Real Estate

National Mortgage Standards are Encouraged

A group of investors together with academics has proposed a national standards system be created for Mortgages. The goal would be for such standards to be implemented as early as this spring.The group believes such standards could diminish conflict between servicers and investors, help avoid investor favoritism by servicers and set a standard for securities that avoids the pitfalls of the past thereby improving lending practices and investments in the national economy.

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