Friday, July 1, 2016

CFPB Highlights Mortgage Servicing Examination Findings and Technology Issues

Reid F. Herlihy In an unmistakable warning shot to mortgage servicers, the CFPB recently issued a “Mortgage Servicing Special Edition” of its Supervisory Highlights. The CFPB also updated portions of its Mortgage Servicing Examination Procedures. In the Bureau’s accompanying press release, and throughout the Supervisory Highlights, there is a particular focus on perceived technological failures. In the words... More >...(read more)
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