S3075 — Establishes requirements for capital, liquidity, and corporate governance including: audit, risk management, and board oversight, for nonbank mortgage servicers.

S3075 — Establishes requirements for capital, liquidity, and corporate governance including: audit, risk management, and board oversight, for nonbank mortgage servicers. · Informed CitizenryThis bill aims to strengthen the financial stability of nonbank companies that service mortgages (the process of managing a loan after it is issued). It establishes new requirements covering capita…Open in Informed Citizenry