Servicing Policy Briefs, Reports & Press Releases

Policy Briefs

• CFPB's Proposed Mortgage Servicing Rules Provide Some Benefits but Sets Back Progress on Loan Modifications, August 2012
  
  
• FHA's Distressed Asset Sales and Loss Mitigation Should Be Reformed to Maximize Sustainable Homeownership Solutions, Recommendations Aug. 31, 2012

• The CFPB Should End Dual Track and Mandate Sensible Loan Modifications, May 31, 2012 

• NCLC and Center for Economic Justice Issue Brief: CFPB Should Rein In Mortgage Servicers' Abuses of Force-Placed Insurance, May 2012

• Servicers Continue to Wrongfully Initiate Foreclosures: All Types of Loans Affected, February 22, 2012

• Legal Waivers Harm Homeowners: Federal Foreclosure Reviews Should Protect Consumer Rights, January 2012

• Bank Agency Settlement Statements Make No Meaningful Progress Towards National Servicing Standards, May 2011

• Model State Law on Mortgage Servicing: An Outline, January 2011

Reports and Press Releases

• Statement re: IRS Tax Treatment for Mortgage Mods, Jan. 24, 2013

• Statement re: CFPB Mortgage Servicing Rule, Jan. 17, 2013

• Statement: Regulators Settle with Banks on Foreclosure Reviews, Jan. 7,  2013

• CFPB's Mortgage Servicing Rules Fall Short, Oct. 10, 2012

• "Mortgage Servicing" by Georgetown University Law Associate Professor Adam J. Levitin and NCLC Of Counsel Tara Twomey, published in 28 Yale Journal on Regulation 1 (Winter 2011)

• "Foreclosing Modifications: How Servicer Incentives Discourage Loan Modifications" by NCLC Of Counsel Diane E. Thompson, Washington Law Review, Dec. 2011

• Servicers Continue to Wrongfully Initiate Foreclosures, December 15, 2010

• Press Release: Robo-Signing: Symptom of Mortgage Servicers' Lawless Attitude That Pushes Homeowners into Foreclosure, November 2010

• Press Release and Report: Why Servicers Foreclose, When They Should Modify, and Other Puzzles of Servicer Behavior, October 2009

• Press Release and Report: Desperate Homeowners: Loan Mod Scammers Step in When Loan Servicers Refuse to Provide Relief, July 2009

• Failed Regulatory Policy, Not Low Income Housing, Cause of Mortgage Crisis, October 2008

• Press Release: Civil Rights and Consumer Groups Respond to Takeover of Fannie Mae and Freddie Mac, September 2008

The Institute for Foreclosure Legal Assistance
NCLC gratefully acknowledges the support of IFLA in the creation and maintenance of this page.