Seterus Inc News Today : Breaking News, Live Updates & Top Stories | Vimarsana

MGIC Announces Officer Promotions in IT Organization and Finance News provided by Share this article Share this article MILWAUKEE, Jan. 27, 2021 /PRNewswire/ -- Mortgage Guaranty Insurance Corporation (MGIC), the principal subsidiary of MGIC Investment Corporation (NYSE: MTG), today announced the promotion of Gary J. Johnson to Vice President – Data Science, and Jennifer A. Westphal to Vice President – Chief Information Security Officer. Mr. Johnson joined MGIC in 2006, serving as a Risk Analyst until 2011. After some time at IBM (Seterus Inc.) in Portland, Ore., and at Two Harbors Inves...

On December 18, 2020, the CFPB announced a consent order with Seterus, Inc. (Seterus), and its successor-in-interest, Kyanite Services, Inc. (Kyanite), based on findings of mortgage servicing violations. The consent order alleges the following violations by Seterus while it was in operation: Unfair acts or practices for failing to accurately review, process, track, and communicate to borrowers information regarding their loss mitigation applications; Deceptive acts or practices by sending loss mitigation application acknowledgement notices that (1) misrepresented the status of borrower appli...

To embed, copy and paste the code into your website or blog: What’s old is new again. 2021 will bring a new U.S. Administration and hopefully positive developments with regard to the COVID-19 pandemic, but it also is likely to see further adverse economic impacts. Various financial models are predicting differing trajectories for potential recession and economic recovery. What we do know is that 2020 has resulted in sizeable income loss and employment interruption for many. In the face of all this challenge, the CFPB is likely to focus in 2021 on consumer loss mitigation process and transpa...

To embed, copy and paste the code into your website or blog: Welcome to Wiley’s update on recent developments and what’s next in consumer protection at the Consumer Financial Protection Bureau (CFPB) and Federal Trade Commission (FTC). In this newsletter, we analyze recent regulatory announcements, recap key enforcement actions, and preview upcoming deadlines and events. We also include links to our articles, blogs, and webinars with more analysis in these areas. We understand that keeping on top of the rapidly evolving regulatory landscape is more important than ever for businesses seeki...

ADVERTISEMENT Mortgage Service Co. Inks $7M Deal To End Class Action Law360 (December 18, 2020, 9:31 PM EST) -- A group of homeowners have asked a North Carolina federal judge to approve a $7 million settlement with a mortgage servicing platform to end yearslong litigation brought in a dozen states over alleged violations of the Fair Debt Collection Practices Act. The 29 plaintiffs sought class certification on Thursday for more than 46,000 residential mortgagors across the country who, between September 2012 and February 2019, received a default warning letter from Seterus Inc. threatening ...