NY Re-Adopts Laws Requiring NY Mortgage Loan Servicers to Register and Post Surety Bonds

The New York State Department of Financial Services recently re-adopted a registration procedure for mortgage loan servicers. As a part of the process, professionals need to meet bonding requirements and provide appropriate errors and omissions (E&O) insurance coverage. Source: NY Re-Adopts Laws Requiring NY Mortgage Loan Servicers to Register and Post Surety Bonds Read More »

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