More and more investors are coalescing into groups, hopeful of reaching the threshold at which they can instruct mortgage-pool trustees to act against servicers (25% of note-holders in a given issue).
It is that tragedy in education that prompted Professor Richard Arum and the American Council of Trustees and Alumni to write to 10, 000 college and university trustees earlier this fall calling on them to act.
This morning, the Social Security and Medicare Boards of Trustees released a new report that demonstrates how the Affordable Care Act is helping to reduce costs and make Medicare stronger.
When the facts related to the advice these broker-consultants provide become known, a lot of trustees are going to have to have a difficult time explaining their failures to act.