TITLE

Keep 'Em Current

AUTHOR(S)
Sisk, Michael
PUB. DATE
October 2010
SOURCE
Bank Technology News;Oct2010, Vol. 23 Issue 10, p20
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the initiative of banks to identify loans that are performing but are at risk of becoming delinquent to cope up with foreclosures in the U.S. Ghazale Johnston, senior executive and mortgage servicing expert in Accenture, states that banks have an incentive to reduce interest rates or principle to entice customers to stay current. Tom Miller, chief executive (CEO) at ALI, notes that early assessment enable banks to haven an easier relationship with customer.
ACCESSION #
54580962

 

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