CFPB’s roadmap for the forbearance exit
Housing Wire
JUNE 28, 2021
The Consumer Financial Protection Bureau (CFPB) today released extensive mortgage servicing regulations it hopes will prevent “unwelcome surprises” for borrowers exiting forbearance. Across more than 200 pages, the CFPB laid out the rules for mortgage servicers to follow in the coming months — shortly after it warned them, “Unprepared is unacceptable.”.
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