State Regulators Focus on Servicing, But No Timeline for Nonbank Capital Standards Proposed Over a Year Ago
May 12, 2016
State regulators focused much of their mortgage-related supervisory efforts in 2015 on servicing examinations enforcement, according to the Multi-State Mortgage Committee. State regulators also continue to work on capital requirements for state-licensed nonbank servicers, but there’s no timeline for when further action might occur. ....