Relevant:
- New rules impose standards on mortgage loan servicers
- OCC Says Almost 500,000 Seek Reviews of Foreclosures
- More on the FDIC’s Fight Versus Other Bank Regulators on Servicer Abuses; Rep. Miller Backs More Aggressive Action
- Our FAQ on the Foreclosure Reviews
- Banks Get Edge in Talks on Foreclosure Penalties as Feds Settle
2010-12-03 — bloomberg.com
"“There clearly have been breakdowns,†Williams said today at a House Judiciary Committee hearing in Washington. Regulators’ findings could serve as a basis for prosecutions and the development of standards for mortgage servicers, she said."
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