Cordell, Larry; Dynan, Karen; Lehnert, Andreas; Liang, … - Federal Reserve Board (Board of Governors of the … - 2008
-appropriate benchmark for loss mitigation efforts is the number
of borrowers who, but for the appropriate help, would have defaulted on … some servicers that they had “worked through their
backlog,” an investor who closely monitors the performance of servicers … Mac’s portfolio only around half of the borrowers who lost
their home through a foreclosure sale had a contact with the …