CFPB releases supervisory highlights on mortgage servicing
The CFPB released a supervisory highlights report covering key findings and supervisory actions in mortgage servicing.
Tag: Servicing
ABA, trade groups call for changes to FHA’s proposed partial claim option
ABA, the Mortgage Bankers Association and the National Mortgage Servicing Association cautioned the Federal Housing Administration that a proposed payment ...
CFPB report flags pandemic-related issues in deposits, mortgage servicing
The CFPB issued a “Supervisory Highlights” report focusing on recent examiner observations of several financial products.
FHFA adds to scope of servicers’ fair lending data collection
The data collected will include borrowers’ age, race, ethnicity, gender and language preference, effective March 2023.
CFPB blog post highlights resources for Spanish-language customers
In a new blog post, the CFPB highlighted its resources available to help financial institutions serve their Spanish-speaking customers.
Six top concerns for mortgage bankers
These challenges will affect all markets, but will have local distinctions that will be important for market participants to understand ...
ABA comments on FHFA’s re-proposed eligibility standards for enterprise single-family seller/servicers
In a letter to FHFA, ABA commented on the re-proposed update to standards that mortgage lenders would have to meet ...
FHFA announces foreclosure suspension for borrowers requesting HAF assistance
Mortgage servicers will be required to suspend foreclosure activities for up to 60 days if they are notified that a ...
CFPB Encourages Servicer Participation in Federal Homeowner Assistance Program
In a new blog post this week, the CFPB said it “strongly encourages” servers to participate in programs related to ...
FHFA Re-Proposes Updated Seller, Servicer Eligibility Requirements
The Federal Housing Finance Agency today re-proposed updated standards that mortgage lenders would have to meet in order to sell ...
