New Mortgage Servicing Guide Helps Bankers Navigate Compliance Changes

The CFPB’s recent mortgage servicing rules are the latest addition to the thousands of pages of servicing regulations. To help bankers, compliance professionals and mortgage lenders navigate the rules, ABA has published a members-only Reference Guide to Mortgage Servicing.

Available at no charge to ABA members, the guide pulls together all servicing-related information into one central location. The publication is organized based on the lifecycle of a mortgage loan, making it easier to find information, and contains a linked table of contents for easy navigation. The guide contains several charts that serve as a quick-reference compliance aids, as well as practical tips for compliance.