Servicers Not Doing Enough for Troubled Borrowers, Consumer Group Says

"Will it get lenders that weren’t already doing principal curtailments to do it? Probably not," he adds. "This won’t get them over the hump." Another group Pinto says. enough for servicers to.

Santander Bank selling 14 Pennsylvania branches to First Commonwealth Bank  · Sovereign Bank, the U.S. unit of Spain’s Santander Group, will be rechristened this fall with the name of its parent as part of a $200 million transformation that is meant to improve just about every customer touchpoint. branches will get an overhaul. ATMs will be upgraded. A.

The director of the Consumer Financial Protection Bureau says. It’s not clear why the department is blocking state and federal regulators from getting information from servicers to do oversight.

Moody’s: Single-family rental equity securitization poses more risk Home equity loan defaults soar – According to an overlooked Moody’s Investors Services note that came out last Wednesday, once a certain threshold of losses is achieved in a home equity loan securitization. pose a major headache.Housing advice on Reddit is totally blowing up Well, the Housing Flair on the personal finance subreddit is now starting to totally blow up. Blowing up from a mortgage industry engagement perspective, anyway. It’s a notable development, in.