‘Nothing significant’ in complaints probe of therapeutic farm, says society chair

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Remaining Woodwynn participants from left, Dan Fortin, Kylie Janzen and Andrew Belfitt, with executive director Richard LeBlanc on right, have lived and worked on the farm between 16 months to three years. A recent private investigation of a farm-based recovery program outside Victoria did not confirm any significant concerns, according to the chair of the […]

MBA Chair Motley urges ‘caution’ on overhauling servicer compensation

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Mortgage servicers should approach efforts to overhaul their compensated structure with caution, as changes to the status quo “could have ripple effects across the entire real estate finance industry,” warned Mortgage Bankers Association Chairman David Motley. Servicers typically receive 25 basis points of borrowers' monthly mortgage payments as a fee for managing loan accounts. Foreclosure […]