Skip to content
  • Sign In
  • Create Account
  • Sign Out
  • My Account
Cart
  • Inside Mortgage Finance
  • MBS & ABS
  • The GSEs
  • The CFPB
  • Mortgage Trends
  • FHA/VA Lending
  • Nonconforming Markets
  • Data
    • Subscribe to Data
Home » Lawsuit, Revisions for Servicing Settlement
Looking to read the full article? Register for free access to IMFnews content today!

Lawsuit, Revisions for Servicing Settlement

October 4, 2013
A year and a half after the $25 billion national servicing settlement took effect, attorneys general and the settlement’s monitor turned up the heat this week on the five banks participating in the settlement. Wells Fargo faces a new lawsuit, Bank of America settled similar claims, and all five servicers face additional testing standards and procedures, with BofA and Wells agreeing to even more stringent process improvements. New York Attorney General Eric Schneiderman, D, announced a lawsuit against Wells. He said consumer advocates have documented hundreds of violations to the settlement by Wells, including delays, lost paperwork and wrongful denials. BofA avoided...
News Inside Mortgage Finance Inside Nonconforming Markets Inside the CFPB Originations Servicing Enforcement
Purchase this article for $50.00
Subscribe To The Newsletter

Latest Imf News

  • GSEs Release Historical Datasets for FICO 10T

  • Mortgage-Banking Activity Declines in 1Q

  • AI Causes Rise in Litigation for Non-QM Lenders

  • Hometap Hit With New Class-Action Lawsuits

More Imf News

Featured Data

  • Guild, Movement Gain HECM Market Share

  • Correspondents Up Share of Nonconforming Production

  • Non-Agency MBS and GSEs Gain in First Quarter

  • GSE Servicing Share Falling to Pre-Pandemic Levels

More Featured Data

Featured Reports

  • Top Mortgage Players: 1Q26 (PDF)

  • Mortgage Profitability Report 1Q26 (PDF)

  • IMF HMDA Dashboard: 2025

  • 2026 Mortgage Market Statistical Annual (PDF)

More Latest Reports

Featured Poll

As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?

View Results
  • About
    • About Inside Mortgage Finance
    • Contact Us
    • Advertising
    • Privacy Policy/Terms
    • Article Reprints/Web Postings
    • Copyright FAQ
  • Customer Center
    • Subscribe
    • Request a Sample
    • Account Inquiries
    • Change of Address
    • Change of Delivery Method
    • Data Licensing
    • Password Reminder
    • Group Subscriptions
    • Refunds
    • Renew Your Subscription
    • E-mail Newsletters
  • Mortgage Data
    • Origination
    • Servicing and Portfolios
    • Mortgage Insurance
    • Securitization
    • Agency MBS Activity
    • Non-Agency MBS Activity
    • MBS Investor Activity
    • ABS Activity
    • Commercial MBS Activity
    • Funding Activity
    • Earnings and Financials
    • Regulatory Data
    • Mortgage Rates and Terms
    • Subscribe to Data
    • Lender Profiles
    • HMDA Dashboard
    • Contacts Directory
    • Custom Data
    • Data Licensing
  • Reports
    • Data Reports
    • Industry Studies
    • Regulatory Reports
    • Statistical Annual
    • Free Reports

© Copyright 2026 Inside Mortgage Finance Publications
Design, CMS, Hosting & Web Development :: ePublishing