Examining the Consequences of Mortgage Irregularities for Financial Stability and Foreclosure Mitigation
“The Congressional Oversight Panel’s November oversight report, Examining the Consequences of Mortgage Irregularities for Financial Stability and Foreclosure Mitigation, reviews allegations that companies servicing $6.4 trillion in American mortgages may in some cases have bypassed legally required steps to foreclose on a home. The implications of these irregularities remain unclear, but it is possible that …