Quantcast
Bloomberg News
"Every time there is a change in regulations, [servicers] have to reprogram their system and update training," says Joseph Smith, the settlement monitor.

Green Tree Servicing Fails Mortgage Settlement Tests; Banks Pass

Green Tree's bad report card comes as regulators and lawmakers are scrutinizing nonbank servicers that have aggressively purchased mortgage servicing rights from banks.

To continue, please log in, register or subscribe.
Already a subscriber? Log in here
Please note you must now log in with your email address and password.

Already a subscriber? Log in here
Please note you must now log in with your email address and password.