Servicers had to make a lot of changes to their systems in 2014 due to the enforcement of new regulations issued by the Consumer Financial Protection Bureau. Many industry executives believe the top focus for servicers this year will be geared toward compliance.

The servicing industry has gone years with no standard of compliance and this is a critical issue for servicers as the delinquency rate continues to decline, said Scott Goldstein, president and CEO of assure360, in an interview.

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