KBRA: Review Those Remittance Reports

Kroll Bond Rating Agency, New York, said higher commercial mortgage-backed securities special servicing volume and modifications increase the risk of operational errors or inconsistencies in servicer and trustee reporting.

Michael Steer: A New Year, A New Regulatory Attitude?

Should the pandemic regulatory attitude be forgot and never brought to mind? Not exactly. However, lenders can adapt the current pandemic regulatory attitude into one that pays equal mind to both the pandemic and the importance of compliance.

ACES: Critical Defect Rate Highest Since 2018

ACES Quality Management, Denver, said its quarterly Mortgage QC Trends Report for the second quarter reported the overall critical defect rate of 1.88% is the highest quarterly rate since 2018.