For example, turning to what will be the focus of my comments today – the role of mortgage servicers in the foreclosure crisis – the longer it takes for mortgage servicers to make the operational adjustments necessary to fix their sloppy and deceptive practices, the costlier and more difficult it becomes for them to sort them out and correct them.
Through these channels, changes in regulations affect the incentives for banks to take on risks. Seite 3 von 13 Deutsche Bundesbank, Directorate General Communications Wilhelm-Epstein-Strasse 14, 60431 Frankfurt am Main, Germany, Tel: +49 (0)69 9566 3511 or 3512, Fax: +49 (0)69 9566 3077 presse@bundesbank.de, www.bundesbank.de Reproduction permitted only if source is stated. 2)  What happened since the financial crisis?