New Paper Challenges FSOC on Servicers

National Mortgage Professional, Jan. 15, 2020–Phil Hall
The paper, “Do Non-Bank Mortgage Companies Pose Systemic Risk to the US Economy?,” challenges the FSOC’s assertion that the financial system could undergo tumult if “if delinquency rates rise or nonbanks otherwise experience solvency or liquidity strains.”
https://nationalmortgageprofessional.com/news/73516/paper-challenges-fsoc-servicers