Servicers Behaving Badly: An Insider’s Perspective on the Root Cause of this Recurring Problem

The Subprime Shakeout- The Principal – Agent Problem: Part I – RMBS Data Integrity Back near the dawn of time when I was in business school, and the faculty was hard-pressed to find topics to fill up the curriculum, they introduced the Principal – Agent Problem.  As future corporate managers and agents of the stockholders, [...]