Nonbank Mortgage Servicers: Proposing a Better Path to Reduce Their Risk to Financial Stability
The Stoop (NYU Furman Center)
NOVEMBER 11, 2024
In addition, since 2008, it is also their conservator, which gives it powers to directly control all their operations and decision-making. Even the FHFA, during 2010 and 2011, attempted to organize such a reform. Also, banks do not go through bankruptcy, but instead an FDIC-led resolution process that allows for continued operations.
Let's personalize your content