CFPB seeks rescission of pandemic-era mortgage servicing rule
"The existence of temporary procedural safeguards ceasing applies once a servicer initiates foreclosure proceedings as of January 1, 2022, reflecting changing regulations post-pandemic."
Sagent's Geno Paluso sheds light on mortgage servicing needs
...the decision is much in line with what we've been thinking. It's no shocker. It's the same as what others have speculated, given the volatility of what's going on in the market in D.C. right now.
Swiss bank UBS closes deal to sell U.S. servicer - HousingWire
UBS executives confirmed the sale of Credit Suisse's U.S. servicing business will reduce costs and lower risk, marking a strategic move to enhance its balance sheet.