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Cancellation Rights Mortgage Insurance

Ballard Spahr LLP

CFPB Issues Compliance Bulletin on PMI Cancellation and Termination

Ballard Spahr LLP on

The CFPB recently issued Compliance Bulletin 2015-03, addressing the cancellation and termination requirements for private mortgage insurance (PMI) under the Homeowners Protection Act of 1998 (HPA). We note that this Bulletin...more

MoFo Reenforcement

The Bureau Issues Bulletin Regarding Homeowners Protection Act

MoFo Reenforcement on

The CFPB released a bulletin to provide guidance about private mortgage insurance cancellation and termination. The bulletin explains certain requirements of the Homeowners Protection Act and is intended to help servicers...more

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