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What if No One Wants to Service More Loans? Impact on Consumers?

June 11, 2016 By Pacific Funding Group

Posted To: Pipeline Press

For laughs all you have to do is read the news, and this story will fit right in with anyone’s 5th grade sense of humor. The Union Recorder reports on a story about Ellen DeGeneres being sued due to her making jokes about a Georgia Realtor’s name . Some might ask, how can a person refrain from it? I won’t, however, and leave it up to the reader to form their own impression. In other, not-so-funny, legal news, the former president and CEO of Virginia’s Monarch Mortgage was indicted this week. Are storm clouds gathering in the market for mortgage servicing rights? Some industry insiders are suggesting that it could be the perfect storm of the unintended consequences of regulation and a supply & demand mismatch. During the Viet Nam War, a popular bumper sticker asked, “What if they gave…(read more )

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Filed Under: PFG Blog

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1990 N California Blvd #871, Walnut Creek CA 94596 | DRE License ID: 01796227 | NMLS ID:2258009

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