A Slap on the Wrist for Mortgage Servicers

By: William E. Lewis Jr. (Diary) | April 15th at 01:50 PM |

Amid allegations of unsafe and unsound practices in the processing of foreclosures, enforcement action has been taken against bank servicers: Ally Financial, Aurora Bank, Bank of America, Citibank, Citigroup, EverBank, HSBC, JP Morgan Chase, MetLife Bank, OneWest Bank, PNC, Sovereign Bank, SunTrust Bank, U.S. Bank, and Wells Fargo and third-party servicers: Lender Processing Services Inc. (LPS), and MERSCORP also known as Mortgage Electronic Registration Systems Inc. (MERS).

Tags: bank of america, bill lewis, carlos reyes, citibank, foreclosure defense, foreclosure fraud, jp morgan chase, mers, metlife, sunttrust, the credit report with bill lewis, wells fargo, willia e lewis jr

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VladimirRS: In the words of Harry S Truman, "The Buck Stops with Some Low-Level Employees." #rsrh

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