MBA Education Recent Updates to the CFPB Servicing Rules Webinar Oct. 7


MBA Education presents a webinar, Recent Updates to the CFPB Servicing Rules, on Friday, Oct. 7 from 2:00-3:30 p.m. ET.

On August 4, , the Consumer Financial Protection Bureau finalized amendments to its Mortgage Servicing Rules; at the same time, it issued a separate interpretative rule on the Fair Debt Collection Practices Act.

During this webinar, you will learn of key changes under the 2016 Mortgage Servicing Rules and resulting implementing challenges. This webinar is complimentary to MBA members. Please use the promo code WEBINAR to gain your complimentary access.

–Understand implications of treatment successors in interest and confirmed successors in interest
–Learn significance of the new definition of “delinquency” as it applies throughout the Rule
–Understand key amendments to the loss mitigation provisions including requiring servicers to comply with the loss mitigation procedural requirements throughout the life of the loan, impose much higher standards for working with the borrower and third parties to complete otherwise incomplete applications and clarify the application of the loss mitigation procedures and timelines during the transfer of servicing
–Learn which exemptions from the periodic statement requirements and early intervention requirements will be available for borrowers in bankruptcy and borrowers who exercised their cease communication rights under the FDCPA
–Understand how the periodic statement requirements apply to accelerated loans, loans in temporary loss mitigation, loans permanently modified and charged off loans

Who Should Attend
–Servicers and Servicing Managers
–Loss Mitigation
–Compliance Professionals

–Justin Wiseman, Director of Loan Administration Policy, Mortgage Bankers Association
–Nanci Weissgold, Partner, Alston & Bird LLP
–Morey Barnes Yost, Senior Associate, Alston & Bird LLP
–Kendall Stensvad, Associate, Alston & Bird LLP

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