CFPB Issues Policy Guidance on Compliance Dates for Servicing Rule Amendments
The Consumer Financial Protection Bureau today issued policy guidance stating that it does not intend to take supervisory or enforcement ...
Tag: Servicing
Treasury Department Issues Sweeping Regulatory Reform Recommendations
The Treasury Department tonight issued a 150-page report making dozens of recommendations for how Congress and regulatory agencies can streamline ...
ABA Posts FAQs on Successor-in-Interest Servicing Issues
To help bankers as they prepare to comply with the operationally complex “successor-in-interest” provisions of the Consumer Financial Protection Bureau’s ...
ABA Submits Recommendations for Housing Finance Reform
As part of the banking industry’s continuing response to President Trump’s executive order outlining “core principles” for financial regulation, ABA ...
CFPB Releases Assessment Plan for Servicing Rule Review
The Consumer Financial Protection Bureau has released a plan to assess the effectiveness of its 2013 final rule governing mortgage ...
Redlining, Servicing, Biz Lending among CFPB Fair Lending Priorities in 2017
The Consumer Financial Protection Bureau said today that it will prioritize redlining, mortgage and student loan servicing and small business ...
Consumers Weigh Closing Costs, Customer Service When Choosing a Mortgage Lender
When selecting a mortgage lender, a vast majority of consumers say that a lender’s reputation for service is nearly as ...
Two Key Factors to Consider in the Updated Servicing Rules
Handling successors in interest and periodic statements for borrowers in bankruptcy can create compliance headaches.
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 ...
Agencies Looking at Areas to Relieve Regulatory Burden
Regulatory agencies are seeking targeted ways to relieve regulatory burden, according to senior officials speaking at ABA’s Government Relations Summit ...
