However, while we hope that the prospect of uniform national servicing standards will lead to more consistent, efficient, and fair servicing practices, it is also generating uncertainty about the future costs of servicing mortgages and may be a factor in decisions by servicers to delay or abandon investments in servicing capacity.
Also affecting decisions about investing in servicing are new approaches to servicer compensation under consideration by the FHFA. Servicers currently receive the same compensation for loans that are up to date as they do for loans that are past due.