The Consumer Financial Protection
Bureau (CFPB) proposed new rules on July 10, 2024 that would obligate large mortgage servicers
to help homeowners/borrowers avoid foreclosure, expand access to borrowers
seeking mortgage payment assistance, and strengthen communication between
borrowers and servicers.These rules would...
Showing posts with label CFPB. Show all posts
Showing posts with label CFPB. Show all posts
Thursday, July 11, 2024
Friday, July 02, 2021
02
Jul
On June 28, 2021, the Consumer Financial Protection Bureau (CFPB) issued a final rule amending Regulation X of the Real Estate Settlement Procedures Act (RESPA) which aims to assist mortgage borrowers with a COVID-19 related hardship in seeking loss mitigation options and delaying foreclosure proceedings to encourage resolution...
