**** READ MORE: CFPB outlines plans for mortgage servicers:
“Celebrating 25 Years of Service: Unite, Ignite, and Empower” “We train and support volunteer leaders of credit unions serving first responders to run stronger, more effective institutions.” “Great things happen when credit unions serving first responders come together. Our face-to-face and on-line interaction is the platform where collaboration begins, and GREAT ideas are generated.”
Tuesday, February 14, 2012
CFPB outlines plans for mortgage servicers
The government’s new consumer watchdog on Monday outlined the first steps of its plans to regulate mortgage servicers, which have come under fire for fraudulent foreclosure practices. The Consumer Financial Protection Bureau will revamp the billing statements sent to homeowners and the disclosures required for some complicated mortgages. It also is drafting new rules to prevent servicers from improperly charging consumers for homeowner’s insurance.
**** READ MORE: CFPB outlines plans for mortgage servicers:
**** READ MORE: CFPB outlines plans for mortgage servicers:
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