"Regulatory Actions Related to Foreclosure Activities by Large Servicers and Practical Implications for Community Banks" describes the findings of the recently issued Interagency Review of Foreclosure Policies and Practices and provides practical examples of best practices derived from the lessons learned. These best practices will be helpful to any residential mortgage servicer in reviewing its practices and policies to ensure legal and reputation risk are minimized.
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Real Estate Lending Policies
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Kim E. Lowry, Managing Editor, at
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FDIC financial institution letters (FILs) may be accessed from the FDIC's Web site at www.fdic.gov/news/news/financial/2011/index.html.
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