from an emailed tip–
The outsourced services include assembly of all the loan documents needed to foreclose——also all the decision-making documents and analysis to recommend “modifications” –or not to modify.
anybody that ever ran into a credit card issue with Vicram Pandits Citbank unit should be very familiar with how this will work out……….the largest advantage to banks I see is that they will not risk some gumshoe tracking down a Korell Harp at DOCX and getting him to describe how they operate
I do not see how anybody at a bank could testify on the process either—–that the documents were verified etc—–is your original note going to fly to India–that is part of the file that is of critical importance—-how can someone in India assert that the ban in fact has possession of a document thousands of miles away—–so much for DUE PROCESS