What OIG Found . . . First, evidence suggests that most of Freddie Mac’s servicers are not complying with reporting requirements for escalated cases. As of December 2012, 1,179 or 98% of Freddie Mac’s servicers had not reported on any escalated cases even though they managed 6.6 million mortgages for Freddie Mac.
Full report below…
Disgusting…
via My Debt Release http://feedproxy.google.com/~r/MyDebtRelease/~3/uXurcRs8o5g/report-enhanced-fhfa-oversight-needed-improve-mortgage-servicer-compliance-consumer-complaint-requirements
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