Loan mod portals a win-win for real estate

Treasury's 'SPOC' requirement not entirely logical?

By Inman News Feed
Add Comment Add Comment | Comments: 0 | Posted Dec. 5, 2011

Share this Story:

The government's decision to require a human SPOC rather than a systems SPOC is difficult to understand. A systems SPOC would solve both the communications problem and the accountability problem. The human SPOC is costing an enormous amount to provide little more than PR window-dressing for regulators.

The writer is professor of finance emeritus at the Wharton School of the University of Pennsylvania. Comments and questions can be left at www.mtgprofessor.com.

Contact Jack Guttentag:
Email Email Letter to the Editor Letter to the Editor

Copyright 2011 Jack Guttentag

Prev| Page: 1 2
Add to favoritesAdd to Favorites PrintPrint Send to friendSend to Friend

COMMENTS

ADD COMMENT

Rate:
(HTML and URLs prohibited)
User Guidelines