Nonbank Mortgage Servicers: Proposing a Better Path to Reduce Their Risk to Financial Stability
The Stoop (NYU Furman Center)
NOVEMBER 11, 2024
6 The regulations covering NMSs do not subject them to strong enough prudential regulatory requirements to ensure they can operate in a safe and sound manner even during times of significantly adverse economic and market circumstances. Inability to continue mortgage servicing operations. 23 Yet that 0.25
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