Similar Stories to Mortgage Servicers Get Subpoenas on Bing News

NEW YORK (Reuters) - The attorneys general in California and Illinois have subpoenaed Lender Processing Services Inc, and Nationwide Title Clearing Inc as part of their probes into alleged "robosigning" practices in the mortgage servicing industry.

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BING NEWS:
  • Yellen Calls for Action to Mitigate Risks in the US Mortgage Market
    Yellen emphasized the critical role of nonbank mortgage companies in amplifying shocks within the mortgage market, potentially undermining financial stability. Speaking at an open session of the ...
    05/10/2024 - 6:42 pm | View Link
  • Yellen Urges Action To Curb US Mortgage Market Risks
    US Treasury Secretary Janet Yellen flagged risks posed in the mortgage market Friday, as regulators released recommendations to address the sector's vulnerabilities.
    05/10/2024 - 12:15 pm | View Link
  • FSOC: Congress should boost Ginnie, FHFA nonbank authorities
    The new Financial Stability Oversight Council report also recommends an expanded Ginnie Mae PTAP facility and an industry-funded liquidity resource.
    05/10/2024 - 10:59 am | View Link
  • U.S. regulators call for new fund to prevent mortgage servicers from going under
    U.S. regulators are calling on Congress to introduce a new industry-financed fund to support mortgage-loan servicers as they weather a drought in demand due to high mortgage rates.
    05/10/2024 - 9:31 am | View Link
  • EarnUp expands financial wellness platform, empowering lenders & servicers to accommodate text to pay capabilities
    EarnUp, Inc., a financial wellness fintech company, announced today that lenders and servicers will be able to use its platform to offer borrowers a ...
    05/9/2024 - 1:10 pm | View Link
  • More
BING SEARCH:
  • Compare Mortgage Rates and Loans
    Simply enter your home location, property value and loan amount to compare the best rates. For a more advanced search, you can filter your results by loan type for 30 year fixed, 15 year fixed and ...
    04/30/2024 - 2:27 pm | View Website
  • Raising professionalism in the mortgage brokering sector – Join webinar ...
    To help ensure homebuyers and mortgage investors are treated fairly, Ontario’s financial services regulator, FSRA, is proposing Guidance to raise the overall professionalism of the mortgage brokering sector. The Guidance for mortgage brokerages and principal brokers sets out proposed practices to make principal brokers more effective at carrying out their responsibilities, including:
    04/30/2024 - 10:30 am | View Website
  • What Are Mortgage Servicing Companies? | Rocket Mortgage
    Mortgage servicing companies handle the day-to-day administrative tasks related to your loan. Learn what they do and how they're different from your lender.
    04/29/2024 - 9:01 pm | View Website
  • Lakeview: Fourth Largest Mortgage Loan Servicer in the U.S.
    855-294-8564. Get Started. Our Approach. Lakeview owns the servicing rights to your mortgage loan. We’re proud to partner with several Servicing partners to process payments, manage the escrow, and provide customer service for your existing mortgage.
    04/29/2024 - 7:43 pm | View Website
  • Finding the Top Mortgage Servicing Companies
    Mortgage servicers perform some of the following services: Accepting and recording mortgage loan payments. Calculating the payment of taxes and insurance fees on associated escrow accounts. Calculating changeable interest rates on variable rate loans. Negotiating changes made to loans due to payment difficulties.
    04/29/2024 - 7:14 pm | View Website
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