Mortgage Industry: Servicing and Debt Collection Developments

The mortgage servicing industry is now more than a year beyond the effective date for the most recent amendments to the CFPB’s mortgage servicing rules. The political landscape has also affected regulatory risk on both the federal and state level. In this current environment, where should mortgage servicers focus their attention in the short term, and what risk areas do we anticipate on the horizon?

• Federal mortgage servicing regulatory developments and hot button issues
• The impact of the CFPB’s proposed debt collection rule on mortgage servicers
• State regulatory and legislative developments
• State examination and enforcement trends
• Collection and mortgage servicing litigation developments