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Servicing and Default News
Aug
16
2017
According to Shapiro’s office, Pennsylvania’s Consumer Financial Protection Unit will focus on lenders that take...
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Aug
16
2017
“Default rates for autos and first mortgage loans are at their lowest points in the last ten years, while bank card...
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Aug
10
2017
The ghosts of banking’s past seemed to surface with a vengeance when the term “robo-signing” — a foreclosure short-cut...
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Aug
09
2017
In May 2017, 4.5 percent of home mortgages were in some stage of delinquency, down from 5.3 percent a year earlier and...
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Aug
04
2017
A federal judge in Florida has opened an opportunity for the U.S. Justice Department to undercut the Consumer Financial...
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Aug
04
2017
But now with the financial crisis nearly a decade in the past, a new report from S&P Global Market Intelligence ...
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Aug
03
2017
"I take great offense to anybody who calls me the foreclosure king," the Treasury Secretary and former Goldman Sachs...
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Aug
02
2017
"The past few years have not been easy for mortgage servicers as they’ve struggled with regulatory and market pressures...
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Jul
26
2017
The term "complete loss mitigation application" has been added, and means an application in which a servicer has...
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