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The Servicing Watch List
Beginning of article
Few industries are as sensitive to changes in laws, regulations and accounting rules as mortgage banking. Loan servicing is one area that's frequently affected by governmental or quasigovernmental activity. It's so pervasive, it is hard to imagine what servicing would be like without an annual dose of new regulations to accommodate.
Yet, the changes in servicing operations and markets that are the offshoot of these legal and regulatory developments affect the profits of all mortgage bankers. This is the case whether the business strategy focuses on loan servicing, origination or both.
To survive and prosper in today's dynamic environment, it is important to keep abreast of …
