Treliant Risk Advisors, a multi-disciplinary compliance, risk management, and strategic advisory firm for the financial services industry and consumer-oriented businesses, has announced the addition of Ed Kramer as a member of its Senior Advisory Board.
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OCC Releases Status Report on Fixing Deficient Foreclosure Practices
The Office of the Comptroller of the Currency (OCC) issued a report Tuesday on actions taken to correct deficiencies in mortgage servicing and foreclosure processing by the 12 institutions it oversees. The OCC has made public the names of the independent consultants retained for foreclosure reviews, and notes that evaluations of certain cases and mailings to more than 4 million borrowers are underway. The agency says all servicers have instituted policies to end dual-tracking and provide borrowers with a single point of contact.
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