CFPB's Mulvaney: “If the CFPB loses a court case because we pushed too hard, we simply move on to the next matter. But where do those that we have charged go to get their time, their money, or their good names back?”
Flagstar's serviced-for-others portfolio increased to 442,000 loans from 415,000 in 3Q17, but a large chunk of that represents subservicing arrangements.
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