Compliance Outlook: State Regulators to Keep a Close Watch on MSR Sales

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Curtis D. Harris, BS, CGREA, REB
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From: National Mortgage News
Sent: ‎Wednesday‎, ‎December‎ ‎31‎, ‎2014 ‎10‎:‎00‎ ‎AM
To: Commercial and Forensic Appraiser, and CRE Consultant

 

 

 

 

 

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Dec 31, 2014

 

 

 

 

 

Compliance Outlook: State Regulators to Keep a Close Watch on MSR Sales

by BRAD FINKELSTEIN

 

Bank servicers have a compliance dilemma: they need to quickly shed mortgage-servicing rights ahead of Basel III at a time when regulators are keeping a close watch on the manner in which transfers are handled.
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