Mortgage Servicing

Mortgage Servicing covers consumer-purpose residential mortgage loan servicing issues from origination up to the initiation of foreclosure applicable to banks, savings and loan associations, and licensed lenders and servicers. The questions relate to licensing, routine servicing notice requirements, default notice requirements, mortgage loan modifications and other work-out requirements, fee limitations, payment application requirements, collection limitations, loan performance reporting requirements, and other pertinent issues.

The responses cover the following types of mortgage products: closed end loans; open-end lines of credit ("HELOCs"); first and junior lien loans; purchase money and non-purchase money loans; and variable and fixed rate loans. This product has some limited information about servicing issues related to high-cost loans, but does not comprehensively cover these types of loans. This product does not take into consideration requirements or limitations that may be found in the loan documents or security instruments.

For a personal guided tour and trial, please contact Michael Willer at 614-855-0505 or by email at mwiller@counselorlibrary.com.

InstallmentLaw
A monthly, multi-faceted legal reporting service for legal compliance professionals and law firms in the consumer unsecured and personal property-secured lending industry interested in installment lending, student lending, payday lending, title lending, pawn transactions, prepaid cards, and open-end lines of credit, including credit cards.

For a demonstration and free trial of our latest legal reporter, please contact Mike Willer at (614) 855-0505. Click here for more info.