Servicing Transfer Compliance - Lewis Founder of Advisory Opinion
In light of potential risks to consumers that may arise in connection with transfers of residential mortgage servicing rights, the CFPB recently issued a compliance bulletin and policy guidance to residential mortgage servicers and subservicers. The CFPB’s concern in this area remains heightened due to the continuing high volume of servicing transfers. Joining the broadcast today to discuss servicing transfers is Jana Lewis, Founder of Advisory Opinion LLC. At Advisory Opinion, Jana counsels clients utilizing her thorough understanding of the legal, monetary and regulatory intricacies of consumer finance, distressed mortgage loans, the capital markets within which consumer debt is traded and serviced.