Servicing
- Banking
Increased hurricane damages likely in 2022
Expectations of a more active hurricane season, driven by climate change, contributed to a year-over-year increase in CoreLogic’s reconstruction cost…
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Wells Fargo reports drop in home loans, new minority borrower aid
Wells Fargo addressed two troubled aspects of its business on Thursday, reporting steep origination declines while also announcing plans for…
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State regulator group issues standards for nonbank mortgage servicers
The Conference of State Bank Supervisors has unveiled bank-like prudential standards for overseeing nonbank mortgage servicers. The CSBS’ board of…
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CFPB tries to stave off COVID-19 foreclosure surge
WASHINGTON — The Consumer Financial Protection Bureau proposed new steps Monday intended to avert a wave of foreclosures resulting from…
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