Meet the Servicers Who Avoided the Foreclosure Settlement, for Now

Each of those mortgage servicers is registered to do business in their respective states as non-bank lenders. Therefore these companies do not fall under the jurisdiction of either the OCC, Fed, or OT

Palm Coast, FL – April 17, 2011

Not every mortgage servicer was required to sign consent orders with the Office of the Comptroller of the Currency, the Federal Reserve or the Office of Thrift Supervision.
But for them, a blend of 50 state attorneys general and smaller regulators are quietly building their case for applying separate punitive damages.
Full Story >>>> HousingWire [April 15]

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