Housing Action Illinois Servicer Accountability Initiative Final Report (December 2009 to September 2010)

Nov 01, 2010

TOPIC: Foreclosure STATE:  Illinois TYPE: Research Report DATE: November 2010 AUTHOR:  Ami Shah and Katie Gottschall-Donohue, Housing Action Illinois DESCRIPTION:   The report provides qualitative and quantitative evidence that mortgage loan servicers in the Chicago metropolitan area are not agreeing to affordable loan modifications for a majority of homeowners facing foreclosure and are not committing sufficient resources to respond to homeowners in an accurate or timely manner as required by federal law.

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