Consumer Financial Protection Bureau
Latest Posts
CFPB makes it easier for mortgage servicers to digitize loss mitigation process amid pandemic
May 26, 2020Mortgage servicers will soon be able to embrace a digital loss mitigation process without fear of punishment by the Consumer Financial Protection Bureau. The CFPB announced Friday that it is issuing a “No-Action Letter Template,” which will enable mortgage servicers that are “seeking to assist struggling borrowers to avoid foreclosure and engage in loss mitigation efforts” to apply for their own no-action letter.
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CFPB data shows Americans were terrified about their finances as pandemic raged
May 22, 2020 -
Monster Loans ordered to repay $18 million to cheated customers, but many won’t get their money back
May 18, 2020 -
CFPB, HUD and FHFA Launch COVID-19 Consumer Housing Website
May 13, 2020 -
CFPB orders Specialized Loan Servicing to pay $1.5 million for foreclosure issues
May 12, 2020 -
Former CFPB Director Richard Cordray: Are servicers prepared to provide relief to borrowers?
May 07, 2020 -
CFPB raises threshold on who has to report HMDA data
Apr 16, 2020 -
Amid growing coronavirus concerns, where does housing stand this election season?
Mar 11, 2020 -
Fifth Third Bank accused of opening fake accounts
Mar 09, 2020 -
Supreme Court hears arguments on CFPB constitutionality
Mar 03, 2020 -
What is the Ability-to-Repay rule without DTI?
Feb 03, 2020 -
Housing News Podcast: Unison’s Thomas Sponholtz on alternative homeownership models and co-investing
Jan 27, 2020
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