In five years time, mortgages will have become portable products with no loyalty to the lender attached. |
However, securitization may not get a lender completely off the hook in the eyes of credit analysts. |
Should I pursue a claim for mis-selling against the lender, the person who advised me, or the insurance company? |
In place of the bank lender, the master servicer now holds the power to rework the loans. |
These loans are issued by the federal government, instead of through a third-party lender. |
The lender would then sue and only be entitled to simple interest on the judgment. |