n the last year and a half, the foreclosure-documentation crisis has triggered nationwide scrutiny of the default servicing process for residential mortgages. In the wake of these events, supervisory and enforcement actions by…more
Mortgage loan servicers are under growing pressure from regulators to adhere to traditional fair lending principles in default servicing operations. Among other things, regulators have suggested that servicers proactively…more
Unprecedented levels of defaults and foreclosures have triggered scrutiny of the loan administration activities of mortgage lenders by government regulators, consumer advocates and private litigants. The focus of this scrutiny…more
A discussion of "how challenges to mortgage servicers' practices are arising in bankruptcy cases, as well as in law suits concerning foreclosures."…more
Ms. Tucker’s presentation on the fair lending implications loss mitigation for loan servicing identifies the key legal and regulatory themes facing loan administration departments during the financial crisis. While the…more
Fair lending is no longer limited to loan origination issues -- lenders' post-closing activities, and particularly loan servicing, is the focus of current government scrutiny and regulatory enforcement efforts. A webinar…more
The Obama Administration and Congress have searched for foreclosure alternatives to address the increasing number of defaulting residential mortgage loans, which rose to 9.47% in the fourth quarter of 2009. Some of these…more
Over the past decade, mortgage loan servicers have been subject to increasing scrutiny by federal and state regulators, as well as private litigants. The recent financial crisis has heightened public examination of mortgage…more
"Regulators are now analyzing whether minority borrowers are receiving loan modifications on par with similarly situated non-minority borrowers. Consider the following risk-mitigation strategies for the coming wave of…more
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