Servicing

The CFPB and state regulatory bodies are closely scrutinizing all mortgage-related fees, from the start of a loan to the ongoing servicing of the loan, to ensure compliance with the Fair Debt Collection Practices Act.

Members of LL 100’s Special Initiative Working Group examine the CFPB’s amendments to Regulation F of the Fair Debt Collection Practices Act and their implications on the mortgage servicing industry.

As part of September’s Five Star Conference in Dallas, the Property Preservation Lab brings together individuals to discuss the challenges currently faced, while offering solutions to continue the prevention of urban blight.

The upcoming Five Star Conference in Dallas will offer a session focused on the foreclosure space, how to prepare for increased volume, the impact firms may experience on workflow and hiring, and much more.

Subject matter experts from Mr. Cooper, Richey May, Sagent, and The Basis Point discuss the health of America's $12 trillion mortgage servicing industry, asking, “Are we in a golden age of mortgage servicing?”

An upcoming Five Star Institute webinar will discuss the industry’s usage of a national digital signing platform, as the nation’s mortgage industry continues to push the digital envelope.

Attorney Roy Diaz discusses a recent Florida Court decision where an affidavit was insufficient in creating a genuine issue, and entered a foreclosure judgment in favor of Bank of New York Mellon against two borrowers.

New updated minimum financial eligibility requirements for GSE seller/servicers and Ginnie Mae issuers will ensure that the nation’s housing finance system remains safe and sound, and that sustainable mortgage credit remains available for all qualified borrowers.

An upcoming Five Star Institute webinar will discuss the implementation of a national digital signing platform, built to satisfy servicer, investor, borrower, and state requirements nationwide.

The number of homeowners in forbearance plans has dropped by 35,000 month-over-month, however the number of those entering and exiting Fannie Mae, Freddie Mac, and Ginnie Mae loans is nearly equal for these loan types.