The Consumer Financial Protection Bureau (“CFPB”) has issued two final rules that impose significant new mortgage servicing requirements in connection with residential mortgages to consumers. The rules implement amendments...more
- CFPB Delinquent Borrowers Dodd-Frank Force-Placed Insurance Interest Rates Loss Mitigation Mortgage Loan Servicing Standards RESPA Small Servicer Exemption TILA
The Consumer Financial Protection Bureau (“CFPB”) has issued a final rule implementing the “ability to repay” mortgage requirements of the Dodd-Frank Act. The rule requires creditors to make a reasonable, good faith...more
- Ability-to-Repay CFPB Dodd-Frank Mortgages Prepayment Penalties Qualified Mortgage Rule
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