CFPB Bulletin 2013-01: What’s Coming for Mortgage Servicing Transfers
The Consumer Financial Protection Bureau issues bulletins for many purposes, one of which is to notify the industries that it […]
Banks & Mortgage Servicers
CFPB Releases New Mortgage Lending Rules
On January 10, 2014, the Consumer Financial Protection Bureau released new rules that will regulate how banks issue mortgages. These
CFPB Releases New Mortgage Servicing Rules
The Consumer Financial Protection Bureau has released new mortgage servicing rules that go into effect in 2014. These rules are
Mortgage Crisis in a Nutshell Video
Denver, CO attorney, John E. Campbell, has produced a video explaining the mortgage crisis. It is just under one hour
Fiscal Cliff Deal Extends The Mortgage Debt Forgiveness Relief Act
It looks like short sales and principal reductions will continue to work as intended, at least for one more year.
Forgiven Mortgage Debt Tax Exemption Still Set To Expire
In 2007, President G.W. Bush signed the Mortgage Forgiveness Debt Relief Act into law. The Act exempts forgiven mortgage debt
The CFPB and the FTC Team Up to Target Deceptive Mortgage Ads
The FTC and the Consumer Financial Protection Bureau have announced that they are beginning a broad series of investigations into
The National Mortgage Settlement and Dual Tracking
On October 2, 2012, the National Mortgage Settlement’s servicing regulations went into effect. One of the provisions that people often
October 2, 2012 — The National Mortgage Settlement Servicing Standards Are In Effect
As of October 2, the servicing standards included in the National Mortgage Settlement went into effect. This means that the
HAMP Study: Mortgage Servicers Could Have Done Better
A study recently conducted by economists from the Federal Reserve Bank of Chicago, Columbia Business School, the University of Chicago,