Mortgage industry Calls for Servicing Regulation Uniformity in New York
National Mortgage News, July 1, 2019–Elina Tarkazikis (subscription)
In a joint letter to New York Department of Financial Services Superintendent Linda Lacewell, the Mortgage Bankers Association and New York Mortgage Bankers Association highlighted discrepancies in DFS’ suggested changes to 3 NYCRR 419, which covers business conduct rules for servicing mortgage loans.