Common Contracts
1 similar Mortgage Servicing Agreement contracts
HSBC Agreement Closely Mirrors National Mortgage Settlement:Mortgage Servicing Agreement • February 2nd, 2016
The agreement’s mortgage servicing terms largely mirrors the 2012 National Mortgage Settlement (NMS) reached in February of 2012 between the federal government, 49 state attorneys general, including Nevada, and the five largest national mortgage servicers. That agreement provided consumers nationwide with more than $50 billion in direct relief, created new servicing standards, and implemented independent oversight.
