Opinion

Getting It Straight

Only a couple of comments in this holiday week, but they are good ones. The first corrects some loose language in a Chicago ordinance, while the second identifies with the prevailing mood in the industry.

As always, we welcome your comments, whether pro or con. Just type into the comment box after any of the content on any of our websites and hit submit. It will be forwarded to me.

GET IT STRAIGHT

Story_Title: Field Servicer Finds Chicago Ordinance Contradictory
Story_Date:  Friday, December 16, 2011 

Comments: The ordinance verbiage may have a problem. The "Lender" is the "Mortgagee."  The "Homeowner" is the "Mortgagor."

Bernadette Zelop
Hudson City Savings Bank
Paramus
, NJ

NICE JOB

Story_Title: Have We Lost Our Intensity?
Story_Date:  Monday, October 31, 2011

Comments: I really enjoyed reading this article - it clearly articulated the prevailing mood in the industry, and it is a mood that is worsening as more legislation is added to "protect the consumer" when in reality it is strangleholding both an industry and a nation's economic recovery.

Edward Marotta
NREIS
Pittsburgh
PA

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Servicing Originations
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