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Home » Store » Taxable » Subprime Servicers Turn to Best Practices to Head Off Possibility of New Regulation

Subprime Servicers Turn to Best Practices to Head Off Possibility of New Regulation

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Word that one of the subprime industry’s largest players may soon settle abuse charges with the Federal Trade Commission has led other servicers to step up their self-policing efforts. As Inside Mortgage Finance went to press, Ameriquest Mortgage had become the first subprime company to issue a best-practices plan for its servicing operations. But others, including such heavyweights as Option One Mortgage
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