According to a new report by Fitch Ratings, as forbearance programs expire and borrowers transition into other loss mitigation programs, servicers should be wary of customer complaints and regulatory oversight.
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Regulators Issue New Guidance for Examiners Amid COVID-19
The Office of the Comptroller of the Currency urged agencies to conduct reviews with an understanding of the vast impact the pandemic is having on financial institutions.
Read More »Top New York Bank Regulator Rumored to be Stepping Down
According to multiple reports, Benjamin Lawsky, Superintendent of the New York Department of Financial Services is considering stepping down from his post and entering the private sector in 2015.
Read More »Obama Commends Financial Regulators For Reform Efforts
President Barack Obama "commended" financial regulators for progress made since the Dodd-Frank Act became law in 2010 at a meeting on Monday between the president, top financial regulators, and top White House officials in the Roosevelt Room, the White House announced.
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