The Mortgage Industry – Reviewing Compliance With The Servicemembers Civil Relief Act

In these days of peaks and troughs of the lending cycle, prudent mortgage professionals are keeping a close eye on compliance. The Servicemembers Civil Relief Act ranks high in list of regulatory requirements with some of the most severe consequences …

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Compliance with the Servicemembers Civil Relief Act: Vital, but Easy, for the Towing Industry

As service providers, towing operators rely heavily on their image and reputation to stand out from the competition. Clients expect fast, efficient service with as few complications as possible. Nothing can tank a business faster than towing and selling a …

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Military Service Numbers

When you’re searching for information about military personnel, you may try to find their military service number as a means to discover the information you are looking for. However, using this service number will only work for older veterans. That’s …

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Landlords & Lenders Beware: New Law Changes SMO Rules

The Servicemembers Civil Relief Act permits active military personnel to terminate leases on residences and vehicles when they receive a permanent change of station order or a deployment order, provided that the period is longer than 90 days. Landlords and …

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7 Point SCRA Checklist for Lenders

Nationstar Mortgage Settles with CFPB for $91 Million

Nationstar Mortgage, the largest non-bank mortgage servicer in the United States, has settled a lawsuit with the federal Consumer Financial Protection Bureau for violating consumer protection laws.

The settlement with Nationstar Mortgage, which does business as “Mr Cooper”, calls for …

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