Now that the pandemic is behind us, regulatory audits are in the not-to-distant future for mortgage servicing organizations. Baker Tilly can help your business prepare. Read through our plan and contact our team for more information.
This article in mortgage servicing series discussing what happens in the servicing process when a loan becomes delinquent. We review loss mitigation strategies, P&I advancing obligations and much more.
This informative article discussed the complexities in servicing advances, issues impacting hidden losses on servicing advances and issues impacting the recovery of servicing advances when dealing with increased mortgage defaults.
On March 1, Fannie Mae released its Selling Notice SEL-2023-02 in this update it introduced updated quality control (QC) requirements. Read our informative article that will go through key highlights from the notice and what your organization needs to know.