Foreclosure settlement monitor hires five more firms to help

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Foreclosure settlement monitor hires five more firms to help

Foreclosure settlement monitor hires five more firms to help

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Joseph Smith, monitor of the $25 billion foreclosure settlement with the five largest mortgage servicers, hired five more firms to help him oversee homeowner relief given under the agreement.

Smith hired BKD, Baker Tilly Virchow Krause, Crowe Horwath, Grant Thornton and McGladrey to oversee servicer compliance.

The monitor office contracted with BDO Consulting in June as the primary firm working with Smith.

[HOUSING WIRE]

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2 Responses to “Foreclosure settlement monitor hires five more firms to help”

  1. Sarah says:

    No job offers extended to Covington & Burlington, Jones Day, etc?

  2. Bryan says:

    I find it interesting that there is no mention of a servicer called OCWEN. Seems that they own,or claim to own Bear Stearns mbs 2007HE4.
    Sounds like another way to bleed the life out of americans.

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