What Law Regulates The Servicing Of Mortgage Loans?
What Law Regulates The Servicing Of Mortgage Loans? The National Affordable Housing Act of 1990 amended RESPA to require detailed disclosures concerning the transfer, sale, or assignment of mortgage servicing. Who regulates mortgage servicing? The Federal Trade Commission (FTC) regulates unfair and deceptive practices affecting consumers. Mortgage companies that make deceptive statements, omit important facts,