Housing Action Illinois Servicer Accountability Initiative Final Report (December 2009 to September 2010)
TOPIC: Foreclosure
STATE: Illinois
TYPE: Research Report
DATE: November 2010
AUTHOR: Ami Shah and Katie Gottschall-Donohue, Housing Action Illinois
DESCRIPTION: The report provides qualitative and quantitative evidence that mortgage loan servicers in the Chicago metropolitan area are not agreeing to affordable loan modifications for a majority of homeowners facing foreclosure and are not committing sufficient resources to respond to homeowners in an accurate or timely manner as required by federal law.