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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Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Bank of America Merrill Lynch (BAML) 4,755 19 11.75
2 Citi 4,288 14 10.60
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4 Goldman Sachs 2,615 4 6.46
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  • 18 Jul 2017
1 Bank of America Merrill Lynch 57,210.26 177 12.39%
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