On May 16, 2022, the Consumer Financial Protection Bureau (CFPB or Bureau) issued a report regarding COVID-19 response metrics based upon its “observations from data obtained by 16 large mortgage
Continue Reading CFPB Metrics Report Shows Increased Scrutiny of Borrower Access to Servicers, Information, and Loss Mitigation Opportunities
mortgage servicers
Update: CFPB Finalizes Pandemic Mortgage Servicing Rules
On June 28, 2021, the Consumer Financial Protection Bureau (CFPB, or the Bureau) issued its Final Rule amending RESPA Regulation X to provide significant foreclosure protections to borrowers.
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Continue Reading Update: CFPB Finalizes Pandemic Mortgage Servicing Rules
CFPB Intensifies Focus on Pandemic Mortgage Servicing
Over the last week, the Consumer Financial Protection Bureau (“CFPB” or the “Bureau”) has sharpened its focus on the mortgage servicing industry. Knowing that millions of mortgage borrowers will exit…
Continue Reading CFPB Intensifies Focus on Pandemic Mortgage Servicing