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Mortgage Servicing System Still Riddled with Problems According to Financial Watchdog

Philip R. Stein
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Financial Services Watch Blog October 04, 2021
At the beginning of his term, President Biden declared that his administration would make it a policy to eliminate “racial bias and other forms of discrimination in all states of home-buying and renting.” Recently, this policy statement has manifested itself in regulatory proposals and enforcement a...
Financial Services Watch Blog April 30, 2018
Ten years after the financial crisis, mortgage companies and regional/local banks are still getting hit with new breach of contract and indemnification claims related to loans sold before the crisis. The latest case in point involves demand letters that JPMorgan Chase is sending out to lenders throu...
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