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Compliance in mortgage servicing isn’t just about rules – it’s about risk. Every missed deadline, every out-of-sequence communication, every gap in documentation can lead to penalties, investor fallout, or reputational harm. And the worst part? These breaches rarely...
In 1918, when Edith Clarke graduated from MIT’s Electrical Engineering Department, she likely had no idea that she was making history. She forged a path for women in a field traditionally monopolized by men. Women globally seized the chance with enthusiasm, not...
There is no shortage of rules, laws, acts, and regulations surrounding mortgage servicing. This wide range of compliance mandates – from the Real Estate Settlement Procedures Act (RESPA)/Regulation X and Truth in Lending Act (TILA)/Regulation Z to the Electronic Funds...
Purchasing a home is a stressful event. Between the interest rate environment, costs, and drawn-out closing processes, homebuying takes a toll. What isn’t often talked about is the ongoing stress homebuyers face after the keys are in hand. After closing, servicers are...