GAO Report – Nonbank Mortgage Servicers
beSpacific 2016-04-12
Summary:
Nonbank Mortgage Servicers: Existing Regulatory Oversight Could Be Strengthened, GAO-16-278: Published: Mar 10, 2016. Publicly Released: Apr 11, 2016: “The share of home mortgages serviced by nonbanks increased from approximately 6.8 percent in 2012 to approximately 24.2 percent in 2015 (as measured by unpaid principal balance). However, banks continued to service the remainder (about 75.8 […]