Editor: David Reiss
Brooklyn Law School

January 30, 2018

The Mortgage Servicing Collaborative

By David Reiss

The Urban institute’s Laurie Goodman et al. have announced The Mortgage Servicing Collaborative: All mortgage market participants share the same goal: successful homeownership. Failure to achieve that goal hurts not only consumers and neighborhoods, but investors, insurers, guarantors, and servicers. … Continue reading

Read More

January 30, 2018 in servicers | Permalink | No Comments

July 27, 2016

Regulating Small Lenders

By David Reiss

The Consumer Financial Protection Bureau is often subject to a lot of criticism for imposing a heavy regulatory burden on small community banks and credit unions (together, community lenders). A recent Government Accountability Office report, Community Lenders Remain Active under New Rules, … Continue reading

May 2, 2016

Nonbank Servicers Pose Risks for Homeowners

By David Reiss

The Office of the Special Inspector General for the Troubled Asset Relief Program (SIGTARP) has released its Quarterly Report to Congress (April 27, 2016). The Report focuses on how nonbank servicers raise risks for homeowners participating in the Home Affordable Modification … Continue reading