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They include new vendor guidelines expected to cause a dramatic increase of risk management outsourcing; greater interest in RMBS and CMBS transactions but controlled supply; managing the processes and improving operations to comply with the requirement to assign a human single point of contact delinquent borrowers; longer processing time for loan applications as originators and especially servicers become more accustom to regulations set by the CFPB. Regulatory compliance strides however, will simultaneously generate benefits starting with a myriad of new oversight and embedded tools; the need to update processes and adhere to more efficient loss mitigation timeframes; or offering a user-friendly experience for customers, which will be crucial in 2014. Here is what they said: