MBA Pushes for Changes to Mortgage Servicing Rules as Credit Access Expands
MPA, Sept. 11, 2024-Candyd Mendoza
The Mortgage Bankers Association (MBA) is advocating for key changes to mortgage servicing rules under Regulation X, urging the Consumer Financial Protection Bureau (CFPB) to simplify the loss mitigation framework and improve language assistance for borrowers with limited English proficiency.
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