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Home » Store » News » Federal Bank Regulators Keep Close Watch on Mortgage Banking, MSR Activities

Federal Bank Regulators Keep Close Watch on Mortgage Banking, MSR Activities

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It’s safe to say that federal banking regulators got the industry’s attention early this year when they released a detailed advisory on how banks and thrifts should manage volatile mortgage servicing assets. Agency officials are advising lenders that their interest goes beyond the issues raised in the February 25 interagency guidance, which focused on MSR accounting, to cover a broad range of mortgage banking topics ranging from credit risk to pricing and profitability
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