Mortgage Servicing Transfers: Meeting the Operational and Regulatory Demands

In This Presentation:

- The “Old” Ways

- New Federal Framework for Servicers

- Dodd-Frank Act

- National Mortgage Settlement

- CFPB at the Center

- CFPB Regulations (Reg X)

- CFPB Guidance

- Other Points from Guidance

- CFPB Examination Findings

- CFPB Enforcement Actions

- Recent Case

- Remedies in the Case

- Excerpt from The “Old” Ways:

•RESPA requirements for notice of servicing transfers, escrow handling

•TILA application of payments rules

•State laws...