Archives For: NYDFS
NYDFS: Fees Paid to Register Mortgages in Default Guidance
The New York State Department of Financial Services (NYDFS) issued guidance to state-regulated mortgage lenders and servicers pertaining to fees paid to register mortgages in default. The guidance outlines a compliance requirement for mortgagees under the supervision of the NYDFS to remove and reverse any and all registration fees charged to the mortgagor’s account for properties registered in the State of New York.
1 Sep 2020
NYDFS Launches Consumer Protection and Financial Enforcement Division
The New York Department of Financial Services (NYDFS) announced the appointment of Katherine A. Lemire as the executive deputy superintendent of the newly created Consumer Protection and Financial Enforcement Division.
29 Apr 2019
Get ready: Regulators are Looking Hard at Cybersecurity of Third-Party Vendors
HousingWire published an article outlining a panel at the Mortgage Bankers Association (MBA) Servicing Conference which examined data security threats servicers need to address.
20 Feb 2016