Volume 25 - Number 3
February 3, 2014
CFPB Highlights Violations in Mortgage Servicing Market
The CFPB issued a report last week highlighting problems such as unfair and deceptive practices in the mortgage servicing market that the bureau uncovered through its supervision program in 2013. The CFPBs supervisory report describes several instances where servicers violated the Dodd-Frank Acts ban on unfair, deceptive or abusive acts and practices. For instance, examiners found that two servicers engaged in unfair practices by failing to honor existing permanent or trial loan modifications after a servicing transfer, which resulted in...
Subscribers to Inside the CFPB have full access to all its stories and data online. Visitors may become subscribers for full access or may purchase individual articles and data.
Subscriber Log In
If you are a current subscriber or already purchased this article, please login below.
This biweekly keeps mortgage executives on top of the onslaught of new legal and regulatory issues the industry has been seeing.
You can purchase this article for $55.00 without subscribing and always have access to it on insidemortgagefinance.com.
Please contact Customer Service if you need assistance: 1-800-570-5744