As fears of a recession grow, it would be prudent for everyone—servicers and regulators alike—to think hard about default servicing improvements and reforms.
Read More »Servicer Collaboration in a Post-Pandemic World
DS News chatted with Marissa Yaker of Padgett Law Group on how navigating loss mitigation requirements during the pandemic opened up new channels of communication for the industry.
Read More »Federal Agencies Call on Mortgage Servicers to Ensure Borrower Protections
A new announcement from the CFPB and others stresses closer examination of mortgage servicer practices for compliance with pandemic-related homeowner mandates.
Read More »Automation in a Post-Pandemic Economy
Mortgage servicers are seeking answers from technology to improve their operations with an ‘automation first’ strategy in a post-COVID market.
Read More »CFPB Measures Mortgage Servicer Performance
This is an opportunity for companies to identify and address internal pain points as borrower protections wind down, Acting Director Dave Uejio says.
Read More »New CFPB Rules Drafted to Ease Surge in Foreclosures
With federal foreclosure protections just days away from being lifted, the CFPB has taken steps to facilitate a smooth transition to protect consumers and the overall American economy.
Read More »CFPB Proposes Plan to Avoid Foreclosure Surge
The CFPB is suggesting a number of ways for the nation’s servicers to deal with a potential windfall of foreclosures as nearly 2.5 million homeowners prepare to exit forbearance plans.
Read More »5th Circuit Affirms Dismissal of Servicing Violations Suit
Here’s why the 5th Circuit Court recently upheld a District Court decision to dismiss a suit for alleged violations of certain servicing requirements under RESPA.
Read More »Interpreting RESPA’s Regulation X
How can servicers succeed in legal cases that require an understanding of RESPA regulations to create a win-win for lenders and borrowers? Editor’s note: This feature originally appeared in the January issue of DS News, out now.
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