Regulatory Actions Related to Foreclosure Activities by Large Servicers and Practical Implications for Community Banks

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Regulatory Actions Related to Foreclosure Activities by Large Servicers and Practical Implications for Community Banks

Regulatory Actions Related to Foreclosure Activities by Large Servicers and Practical Implications for Community Banks

This Special Foreclosure Edition describes lessons learned from an interagency review of foreclosure practices at the 14 largest residential mortgage servicers and includes examples of effective mortgage servicing practices derived from these lessons.

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One Response to “Regulatory Actions Related to Foreclosure Activities by Large Servicers and Practical Implications for Community Banks”

  1. The FDIC report reads like a press release apology for minor transgressions of the banks. I would have expected a little bit more from what is supposed to be a government body created to protect the public from abuses by financial institutions.

    I suppose the authors never witnessed an eviction of a family with small children.

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