General World News

Servicing QC 2025 outlook: Identify risks amidst changing rules

No one can know what, exactly, will change in 2025 for the mortgage servicing industry’s quality control units, but experts agree there will be changes. Rohit Chopra, head of the Consumer Financial Protection Bureau (CFPB), is unlikely to remain at the bureau’s helm after the new presidential administration is inaugurated, which will probably mean new priorities and protocols. 

For mortgage servicers, the challenge isn’t just adapting to regulatory changes — it’s managing the uncertainty and stress that comes with them. But waiting for clarity isn’t an option. Leadership in QC requires organizations to proactively navigate change, ensuring continued compliance details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com