The MSRs and subservicing contracts to be purchased from Flagstar total roughly $356 billion in unpaid principal balance, and include "attractive refinance opportunities."
Collaboration aims to improve risk management, compliance, and customer experiences in the mortgage sector.
Industry veteran will be responsible for strengthening the company's relationships with its stakeholders.
Says new tool supports a more effective and efficient servicing transfer process.
CFPB director tells Consumer Bankers Association conference such a failure could lead to 'chaos.'
