Servicers Face Increased Fair Lending Risk in Loss Mitigation, Loan Modification, Experts Warn
October 22, 2009
Mortgage loan servicers are facing increased compliance risk as federal regulators begin to scrutinize loss mitigation, loan modification and servicing for any potential discrimination and consumer protection issues, according to fair lending experts. Compliance specialists at a fair-lending conference hosted by the Consumer Bankers Association this week warned that servicers are...