Friday, November 24, 2017

Latest Merged Credit Report News

Market for Servicing is Spooked, Which Could Hit Mortgage Pricing; PHH
The report claims servicers violated the Dodd-Frank Wall Street Reform and Consumer Protection Act's ban on unfair, abusive or deceptive acts and practices in a handful of areas, such as payment processing, the transfer of servicing rights and …
Read more on Mortgage News Daily

European Banks Avoiding Risky-Loan Disclosure Face Review
ESMA, the European Union's top markets regulator, said in November it expects banks' 2013 financial reports to provide more granular data to allow investors to better assess the effect forbearance has on credit risk and financial positions. The …
Read more on Businessweek


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