Mortgage Servicing Transfers Are Squarely in the Crosshairs
In the CFPB’s recent release of its Compliance Bulletin and Policy Guidance: Mortgage Servicing Transfer, the agency has targeted the transfer of residential mortgage servicing because it often has an adverse impact on consumers and many institutions will be required to prepare and submit informational plans that describe how they will be managing the risk to consumers. AffirmX's Jane Pannier gives a brief overview of what you need to know about changes. [11/18/14]
