The Consumer Financial Protection Bureau this week issued a report highlighting legal violations identified by the Bureau’s examinations in 2020.
Tag: Regulation X
MBA, NMSA Ask CFPB to Amend Servicing Rules
The Mortgage Bankers Association and the National Mortgage Servicing Association asked the Consumer Financial Protection Bureau to make several changes to its proposed rulemaking to amend Regulation X servicing rules.
CFPB Issues Interpretive Rule on Determining Underserved Areas; Final Rule on Loss Mitigation Options for Homeowners with COVID-Related Hardships
The Consumer Financial Protection Bureau issued an interpretive rule to provide guidance to creditors and other persons involved in the mortgage origination process about the way in which the Bureau determines which counties qualify as “underserved” for a given calendar year.