CFPB Cites Mortgage-Servicing Problems

The U.S. Consumer Financial Protection Bureau states in a new report that it has identified mortgage servicing problems at banks and other financial firms.

  • 21 Aug 2013

The U.S. Consumer Financial Protection Bureau states in a new report that it has identified mortgage servicing problems at banks and other financial firms. The report also found that many nonbanks “lack robust systems for ensuring they are following federal laws.”

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1 Bank of America Merrill Lynch (BAML) 6,415 22 12.84
2 Citi 5,781 17 11.57
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4 Credit Suisse 2,783 8 5.57
5 Rabobank 2,633 4 5.27

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