Consumer Finance Insights
September 15, 2016

Whalen and Swank Published in September 2016 issue of Mortgage Banking for Article: “Servicing Remains an Enforcement Target”

*Editor’s Note:  This post originally appeared on our sister blog, Consumer Finance Enforcement Watch.  Visit CFEW for more real-time reporting on the full range of public federal and state consumer finance enforcement activity.*

Mike Whalen, a partner in the Technology Group and co-leader of the Fintech practice and Levi Swank, an associate in the Financial Industry and Consumer Financial Services Litigation practices, were published in the September 2016 issue of Mortgage Banking for their article, Servicing Remains An Enforcement Target. The article provides a survey of recent government enforcement and litigation actions focused on mortgage servicing, and takes the position that although the number of actions has declined since the financial and foreclosure crisis, enforcement agencies are still paying close attention to mortgage servicing-related activities such as servicing transfers, vendor management, data security, debt collection, and regulatory examination compliance. Enforcement Watch will continue to monitor federal and state enforcement actions in these and other areas related to mortgage servicing.