Non-bank mortgage servicing companies, like Green Tree, Ocwen and Nationstar. Here's an article I found of interest.
http://goo.gl/PZOsR
Reply by John/CT on 7/1/13 7:04pm Msg #475336
Thanx for that. Sad that so many borrowers still keep getting hammered.
Reply by JanetK_CA on 7/2/13 12:58am Msg #475370
Wow! Seems like there's no end to the ongoing chaos in the business of dealing with mortgage loans. Worst part is that borrowers are at the mercy of decisions of others. They have no say and no control of what happens - nor does it seem they have any way of knowing in advance what they might be in for when they refinance. Doesn't give me a very good feeling as the person who sits across their dining room table bringing their docs...