CFPB Updates Exam Procedures For Mortgage Orig., Servicing
January 21, 2014
The CFPB has released updates to its mortgage origination examination procedures and its mortgage servicing exam procedures. These updates harmonize existing procedures for handling mortgage origination and mortgage servicing examinations with the revised interagency procedures that address the new mortgage regulations issued in January 2013, which have now taken effect, the bureau said. The exam procedures for both mortgage origination and mortgage servicing now cover final rules issued by CFPB through November 2013. These...