For the last 25 years, USFN has been providing comprehensive default services to the mortgage banking industry, but according to Alberta Hultman, the not-for-profit association's executive director and CEO, the mortgage servicing industry is currently going through one of its toughest transition periods.

"It's nice to see home prices pick up. That's great and it will help a bunch of people," Hultman told this publication in an interview. "But there's so much legislation and regulation surrounding our industry right now that it is going to suppress whatever natural or real recovery could be happening."

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