Mortgage Servicing Quality Control Notable Audit Findings: April – June 2017 Over 20,000 mortgage servicing Quality Control audit findings involving of over 1,800 separate and
Fannie Mae issued Servicing Guide Announcement SVC-2017-03, setting forth updates to the Servicing Guide. As outlined in the Announcement, the Servicing Guide has been updated
Over 25,000 mortgage servicing QC audit findings consisting of 1,500 separate and unique audit exceptions were cited during the fourth quarter of 2016. That data
To identify frequently occurring mortgage servicing quality control audit findings, TENA analyzed over 29,000 findings identified in thousands of QC audits it completed during the
FHA issued Mortgagee Letter (ML) 2025-14 revising and streamlining policy established in ML 2024-24 (Modernization of Engagement with Borrowers in Default) and providing clarifications to
Hawaii passed a bill amending the state’s nonjudicial power of sale foreclosure laws by adding 2 new sections to Chapter 667 (Foreclosures). Under the bill,
Oklahoma passed a bill amending breach of security requirements. Under the bill, a requirement was added that individuals and entities that own or license personal
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