Category Archives: Mortgage Servicing

Mortgage Servicers Have Monopoly Power: Do Financial Regulators Understand This?

By | March 12, 2019

Courtesy of James E. McNulty Americans have always distrusted monopolies – over a century ago, Teddy Roosevelt gained widespread public approval battling the trusts. Monopolies that continue to exist, like public utilities[1], are subject to stringent regulation on both the price and quality of their services. Mortgage servicing is one monopolistic industry that has avoided… Read More »