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Recommendations in a new Financial Stability Oversight Council report could give nonbank mortgage servicers more of a liquidity backstop but may also lead to them being more closely regulated. The report discussed at an FSOC meeting on…
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“The final approval of these settlements by the court was expected,” said Marty Green, principal at mortgage law firm Polunsky Beitel Green. “Although there were some objections that the court had to address, the momentum of the case has…
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“Mindset has also been difficult to maintain – we’re so used to just having the ability to write loans and mortgages consistently because interest rates were low. When that gets taken away, you start to feel very constrained and you feel…
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