• Sign In
  • Create Account
  • Sign Out
  • My Account
Cart
  • Inside Mortgage Finance
  • MBS & ABS
  • The GSEs
  • The CFPB
  • Mortgage Trends
  • FHA/VA Lending
  • Nonconforming Markets
  • Data
    • Subscribe to Data
Home » Servicers Support CFPB Change to FDCPA Notice-Timing Requirements
Looking to read the full article? Subscribe today!

Servicers Support CFPB Change to FDCPA Notice-Timing Requirements

November 20, 2017
Trade groups representing mortgage lenders and servicers generally support the change the bureau is making to its 2013 mortgage servicing rules under the Real Estate Settlement Procedures Act (Regulation X) and the Truth in Lending Act (Regulation Z) as it relates to certain early-intervention notices. In mid-October, the CFPB issued an interim final rule amending the timing requirements for providing subsequent written early-intervention notices to borrowers who have requested a cease in communication under the Fair Debt Collection Practices Act. The CFPB’s 2016 amendments to the 2013 mortgage servicing rules generally require that servicers send notices to delinquent borrowers every 45 days to inform them of available foreclosure prevention options. For borrowers who have invoked their cease-communication requirements, servicers must ...
News Inside Mortgage Finance Inside the CFPB Servicing Supervision & Examination
Purchase this article for $55.00
Subscribe To The Newsletter

Latest Imf News

  • Lakeview Dethrones Freedom Mortgage as the Largest GNMA Servicer

  • Better Times for Lenders? Hopefully, Later in the Year

  • Angel Oak REIT Participates in Non-QM MBS, Reduces Warehouse Debt

  • Fix-and-Flip Players Turn to Fix-and-Rent

More Imf News

Featured Data

  • PennyMac Leads Ginnie Issuers as Bottom Falls Out

  • Non-Agency MBS Issuance Fizzles in Fourth Quarter

  • ABS Issuance Thumped in 4Q22 but Rebound Ahead

  • PMI Volume Hammered in 4Q22 as FHA Gained Share

More Featured Data

Featured Reports

  • GSE Repurchase Activity: Cumulative to Second Quarter 2022 (PDF Format)

  • Top Mortgage Players 3Q22 (PDF Format)

  • Agency Channel Analysis: 3Q22 (PDF)

  • IMF HMDA Dashboard: 2021

More Latest Reports

Featured Poll

Sales of bulk mortgage servicing rights are at a fever pitch these days. Has your shop gotten in on the buying frenzy?

View Results
  • About
    • About Inside Mortgage Finance
    • Contact Us
    • Advertising
    • Privacy Policy
    • Article Reprints/Web Postings
    • Copyright FAQ
  • Customer Center
    • Subscribe
    • Request a Sample
    • Account Inquiries
    • Change of Address
    • Change of Delivery Method
    • Data Licensing
    • Password Reminder
    • Group Subscriptions
    • Refunds
    • Renew Your Subscription
  • Mortgage Data
    • Origination
    • Servicing and Portfolios
    • Mortgage Insurance
    • Securitization
    • Agency MBS Activity
    • Non-Agency MBS Activity
    • MBS Investor Activity
    • ABS Activity
    • Commercial MBS Activity
    • Funding Activity
    • Earnings and Financials
    • Regulatory Data
    • Mortgage Rates and Terms
    • Subscribe to Data
    • Lender Profiles
    • HMDA Dashboard
    • Contacts Directory
    • Custom Data
    • Data Licensing
  • Reports
    • Data Reports
    • Industry Studies
    • Regulatory Reports
    • Statistical Annual
    • Free Reports

© Copyright 2023 Inside Mortgage Finance Publications
Design, CMS, Hosting & Web Development :: ePublishing