Analysts find the settlement between regulators and 10 residential loan servicing companies may have a positive effect on the market, as it allows them to refocus on their core servicing operations, other compliance requirements and the foreclosure backlog.

Arguably, since foreclosure reviews have been the biggest stumbling block to improving residential mortgage servicing efficiency, even to speeding up the recovery of the housing market, recent changes to the review process may help improve the mortgage market fundamentals.

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