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Nonbank Mortgage Servicers: Proposing a Better Path to Reduce Their Risk to Financial Stability

The Stoop (NYU Furman Center)

Introduction The Financial Stability Oversight Council (FSOC) 1 published its “Report on Nonbank Mortgage Servicing 2024” 2 (the Report) earlier this year. A focus on MBS securitized through the smaller Ginnie Mae can follow later, as legislation would likely be required.)

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The White House’s Focus on Closing Costs: Long Overdue and Worth the Fight (Part 2)

The Stoop (NYU Furman Center)

23 There has even been legislation proposed in Congress to legally require the tri-merge report, 24 overriding the FHFA’s proposed reform. 9 The long-running battle between the NAR and the DOJ/FTC has also included attempts to bypass the federal government by getting friendly legislation passed at state levels. See [link].