HUD alleged PHH charged convenience fees in violation of FHA requirements.

Rep. Derrick Van Orden, R-WI, said unelected VA officials shouldn’t have the authority to “write a $16 billion or $17 billion check” through creation of a loan-modification program.

The CFPB suggested that First Street Foundation does a better job of identifying flood risk than the Federal Emergency Management Agency.

“The current sell-off in the bond market works against that, obviously," said one servicing advisor.

Property insurance costs are expected to increase due to the LA-area fires.

The maximum principal balance of the transaction, known as Series 2024-VF2, is $1 billion and the aggregate committed amount is $500 million.

The non-agency servicer has 32 full-time computer programmers.

The CFPB's medical debt rule is facing a lawsuit and Republican leaders in Congress want to overturn the rule.

The agency had never published its method of identifying servicing defects before.

“We can continue to expect [states] to be as active and maybe even more so this time around,” said Kathryn Ryan, a partner at Orrick.