Managing Effects of Changing Regulations on Mortgage Servicing Operations

February 09, 2021

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MBA NewsLink article by ACES EVP, Nick Volpe: When it comes to COVID-19’s impact on the finance industry, the devil is in the details. A look at post-closing quality control data from the second quarter of 2020 reveals another spike in early payment defaults without a clear end in sight. Having increased by nearly 200% compared to pre-pandemic levels, EPDs are also 50% higher than the prior quarter.

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