To mark it to market: Part 3, motivations
[Continued from yesterday’s Part 2 and Part 1.]
As we explore the business of restructuring non-performing loans (the retail end of the origination value chain), we rapidly become aware, as the New York Times sententiously advised us, that Unseen Forces Are At Work:
Bang the default ball into the servicer – what happens?
There’s a lengthy clacking linkage that […]