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Note Servicing

Attention LA & TX Title Companies and Closing Attorneys

Attention LA & TX Title Companies and Closing Attorneys

April 11, 2017 Note Servicing

Your state now requires a servicer of a note which is secured with residential real estate, where the servicer does not have a 100% interest in the note, to be licensed by the state.  Moreover, the servicer needs to be CFPB compliant. There is n… Read More »

Looking for a Note Servicing Agent? Buyer Beware!

Looking for a Note Servicing Agent? Buyer Beware!

January 10, 2017 Note Servicing

Like most things in life you get what you pay for when you engage a company to service your note. Beware of low set up and monthly fees, as this is most often not your wisest or best choice for a servicing agent. Nobody works for free and as the old … Read More »

Important Regulatory Note Servicing Update

Important Regulatory Note Servicing Update

November 6, 2016 Note Servicing

June 30, 2016 represents year one since the date set by the Louisiana Office of Financial Institutions for all mortgage servicers in Louisiana to become licensed for the specific purpose of servicing residential mortgages. ESI, active as a private mo… Read More »