Jon David D. Langlois, H Joshua Kotin, and Kristopher R. Knabe discussed "Loan servicing in a rising risk environment" at a National Association of Federally-Insured Credit Unions webinar
Even in the current regulatory environment, mortgage servicing compliance is still a top priority for credit unions. The BCFP and other federal regulators are conducting significant mortgage servicing examinations and pursuing enforcement actions. State AGs also continue to actively investigate mortgage servicing practices, focusing primarily on practices related to default servicing.
This webinar will help you understand supervisory expectations and provide practical tips on how to control for risks and navigate areas of regulatory focus in mortgage servicing.