News & Analysis as of

Servicing Policies Dodd-Frank Wall Street Reform and Consumer Protection Act Loss Mitigation

Morrison & Foerster LLP

CFPB Proposes National Mortgage Servicing Rules

On August 10, 2012, the U.S. Bureau of Consumer Financial Protection (the “CFPB”) released two proposed rules (the “Proposed Rules”) intended to implement the mortgage servicing provisions of the Dodd-Frank Wall Street Reform...more

Dechert LLP

U.S. Consumer Financial Protection Bureau Proposes Mortgage Servicing Reforms

Dechert LLP on

The mortgage finance system in the United States is under radical reconstruction as a result of the events of 2007-2009. The Dodd-Frank Act (Dodd-Frank) impacts mortgage origination, servicing and securitization through a...more

King & Spalding

CFPB Proposes New Rules for Mortgage Servicing Industry

King & Spalding on

On April 10, 2012, the Consumer Financial Protection Bureau (CFPB) outlined new rules it is proposing to adopt to increase accountability and transparency in the mortgage servicing industry. Pursuant to its authority under...more

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