Levitin Rips Mortgage Servicers' Study

Over at Credit Slips, Adam Levitin has yet another spot-on analysis related to the mortgage and foreclosure crisis.  This time he rips apart a study, bought and paid for by mortgage servicers, that purports to reveal the costs they'll reluctantly have to pass on to borrowers if they are forced by states to act lawfully.  It's well worth reading.

Mark A. Edwards

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