Estimated reading time: 0 minutes, 22 seconds

CFPB Updates Mortgage Servicing Examination Procedures

Monday, Jan 23 2023
Lending
Written by  The Mortgage Leader

The Consumer Financial Protection Bureau has released updates to its mortgage servicing examination procedures. So reports Consumer Financial Services Law Monitor.

CFPBAccording to the blog, the most important change concerns how examiners conduct a disparate impact analysis in loss mitigation program reviews.

Among other updates are streamlined loss mitigation options that would extend the COVID-19 flexibilities in the CFPB’s mortgage servicing rules.

Read the full article from Consumer Financial Services Law Monitor.

Read 933 times
Rate this item
(0 votes)
More in this category: « Jay Farner: Market 'Even' Between Buyers, Sellers Mortgage Rates Slip As Home Demand 'Thawing': Freddie Mac »

FOLLOW US

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.
Ok Decline