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Whether it's the CFPB, a state regulator or a financial auditor coming to visit, here are some tips on getting your shop ready for the checkup.
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Secondary market agency is asking Congress for additional funding to increase monitoring of nonbank servicers.
New federal requirements for private mortgage insurers aim to standardize coverage across the market. That’s left some companies looking for ways to distinguish their products as they vie for lenders' business.
Ginnie Mae is paying particular attention to nonbank servicers due to the same concerns an inspector general has raised about servicing transfers involving Fannie Mae and Freddie Mac loans.
As interest rates rise and loans become more likely to stay on the books, more banks may show up on the buy side of the market for mortgage servicing rights.
Federal and state regulators are putting more pressure on banks to take immediate actions to address looming defaults of home equity lines of credit.
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