"The servicers will be held accountable for not having audited or not managing the expenses better," says Tim Rood, a partner at consulting firm, The Collingwood Group. "These enforcement actions are just getting started."

More Banks Could Face Scrutiny over Foreclosure Billing Practices

The Consumer Financial Protection Bureau is expected to issue subpoenas to mortgage servicers to find out if borrowers in foreclosure are being overcharged by third-party vendors or paying for services that were not actually delivered.

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