Blog
Author: John Buscema
Interim Servicing: Protecting Your Borrowers and Your Bottom Line
Interim servicing—the period between loan closing and transfer to a new servicer—is a critical yet often overlooked compliance burden for mortgage lenders. Many originators see it as a necessary expense rather than a core function, leading to a lax approach that risks regulatory noncompliance. Without the proper infrastructure, lenders may face serious consequences in managing borrower interactions and meeting state and federal requirements.
