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House Financial Services Committee Ranking Member Seeks Scrutiny Of Servicing Rights Transfers

On February 19, House Financial Services Committee Ranking Member Maxine Waters (D-CA) sent a letter asking Comptroller of the Currency Thomas Curry and National Mortgage Settlement Monitor Joseph Smith to “carefully...more

CFPB, State AGs Announce First Nonbank National Servicing Settlement

On December 19, the CFPB and attorneys general for 49 states and the District of Columbia, and a nonbank mortgage servicer, filed a proposed consent order in the U.S. District Court for the District of Columbia, pursuant to...more

National Mortgage Settlement Monitor Updates Consumer Relief Status

On May 21, the National Mortgage Settlement Monitor, Joseph Smith, released updated consumer relief activities data submitted by the mortgage servicers subject to the Settlement....more

New York AG Plans Suit Over Alleged Violations Of National Servicer Settlement

On May 6, New York Attorney General Eric Schneiderman announced his intent to sue two of the five mortgage servicers that entered the National Mortgage Settlement with 49 state attorneys general, the U.S. Department of...more

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