Detailed text transcripts for TV channel - MSNBC - 20130310:13:40:00
Issues, things look better. >> wait. the thing that doesn't touch are incentives of the compensation of the servicer, which is per verse thing that underlies the whole thing, which is necessity make more money off foreclosures because of fees and lose money when you reduce principle on a loan. reducing the principle on a loan is often the thing you need to do to keep someone in their home. >> what advocates wanted is an affirmative duty to do lost litigation which means force them to work with the home buyers -- >> they have to. they are duty-bound. >> principle reduction, because that's usual...
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