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Foreclosed - Mortgage Servicing and the Hidden Architecture of Homeownership in America (Paperback)
Loot Price: R574
Discovery Miles 5 740
You Save: R330
(37%)
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Foreclosed - Mortgage Servicing and the Hidden Architecture of Homeownership in America (Paperback)
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List price R904
Loot Price R574
Discovery Miles 5 740
You Save R330 (37%)
Expected to ship within 9 - 15 working days
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In Foreclosed, Christopher K. Odinet gives voice to the stories of
homeowners that have been neglected, particularly those facing
foreclosure and deep financial distress. The book reveals the
powerful and often invisible mortgage servicing industry, the
tremendous discretionary power it wields over the housing lives of
most Americans, and the servicing problems that still persist
today. In doing so, it unveils a quiet and dangerous market shift
in mortgage servicing - namely, an ongoing move toward a shadow
banking sector where regulation is weak - that threatens the
stability of our housing finance system. Ultimately, the book
demonstrates how the law does not afford homeowners the protection
most think and how regulation of these mortgage middlemen remains
weak. Foreclosed should be read by anyone concerned with the state
of housing and home ownership in the United States.
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