Browsing: Servicing

Mortgage ABA, trade groups call for changes to FHA’s proposed partial claim option

ABA, the Mortgage Bankers Association and the National Mortgage Servicing Association cautioned the Federal Housing Administration that a proposed payment supplemental partial claim option “would significantly increase the operational, compliance, liquidity and reputational risk for mortgage servicers, while introducing potential harm to borrowers.”

Mortgage Six top concerns for mortgage bankers

These challenges will affect all markets, but will have local distinctions that will be important for market participants to understand as they navigate the uncertain road ahead.

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