- How default loan transfers are handled and how borrowers are treated in the process
- Requirements for services to send periodic statements and early intervention notices to some borrowers in bankruptcy
- Processes for successors of interest, or any person who inherits a mortgage or property from the original owner
- Loss mitigation regulations after the Making Home Affordable program expires at year-end
The compliance conundrum is ever present- especially in the mortgage servicing space. Mortgage servicers are expected to adapt to ever changing regulations, forcing them to focus more time, resources and energy on maintaining compliance. If you are a servicer with decreasing loan profit margins and want to learn new ways to net more profit per loan while maintaining regulatory standards, call the Lanvera team at (972) 488-6400 or visit www.lanvera.com.