GC Asia
Servicing Rights Sales Raise Concern: FHFA
The emergence of some fast-growing non-bank mortgage services is introducing “a new level of [operational] risk,” according to the U.S. Federal Housing Finance Agency in its 2012 report to Congress.
The emergence of some fast-growing non-bank mortgage services is introducing “a new level of [operational] risk,” according to the U.S. Federal Housing Finance Agency in its 2012 report to Congress. The FHFA, which regulates Fannie Mae and Freddie Mac, says its examiners have expressed significant concerns about the
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