I think it is critically important that from an investor's standpoint, if a servicer is not following their responsibilities under the agreement, that there is some mechanism to remove them.
Jack Reed: “I think it is critically important that from an investor's standpoint, if a servicer is not following their…”
On the recordSeptember 30, 2013
Source
congress.govEditor's note · Context
Reed emphasizes the importance of having mechanisms to remove underperforming servicers.
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