Compliance/Confusion: Challenges, Solutions

Rothrock, Debra
October 2011
Mortgage Servicing News;Oct2011, Vol. 15 Issue 10, p4
In this article, the author discusses financial institutions' compliance to the Servicemembers Civil Relief Act (SCRA) in the U.S. She mentions the consequences for violating the SCRA which include settlements and public apologies. The projections for the industry are also discussed including the increase in defaults and foreclosures.


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