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Consumer Financial Protection Bureau (CFPB) Foreclosure Relief Companies

Morrison & Foerster LLP

CFPB Issues Guiding Principles for Loss Mitigation after HAMP

On August 2, 2016, the Consumer Financial Protection Bureau (“CFPB”) published a new guidance document titled CFPB’s Principles for the Future of Loss Mitigation (the “Guidance”), which outlines a recommended framework for...more

Ballard Spahr LLP

CFPB and Florida AG obtain judgments against foreclosure relief companies

Ballard Spahr LLP on

The CFPB announced that, together with the Florida AG, it has obtained judgments against several Florida companies and their individual operators who were charged in a complaint filed in a Florida federal court with using...more

Ballard Spahr LLP

“Operation Mis-Modification” Targets Foreclosure Relief Companies

Ballard Spahr LLP on

The CFPB continues to ramp up its enforcement actions and its collaboration with state AG offices as part of the new “Operation Mis-Modification.” The CFPB, the FTC and fifteen states announced a series of lawsuits...more

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