Mortgage Bankers Association

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Company Looks to Drive Best Practices in Default, REO Management 

Jul 21, 2008By

As industry interest in mortgage defaults and REO disposition has surged, so too has a greater need for standardization and process management — unlike the origination side of the business, which tends to offer at least some minimal licensing and education standards for market participants (witness the CMB designation from the Mortgage Bankers Association), the default and REO side of the business have little in the way of third-party designations.

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Updated 11 months ago