Nonbank Mortgage Servicers: Proposing a Better Path to Reduce Their Risk to Financial Stability
The Stoop (NYU Furman Center)
NOVEMBER 11, 2024
First, the implementation timeline is rather long, as key recommendations are significantly dependent upon Congress passing legislation – and it must be assumed that such passage will require, at a minimum, at least several years. I find these recommendations lacking for four main reasons. 2 See [link].
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