While the CFPB might not move forward with rulemaking in the coming months, Director Rohit Chopra is expected to push forward with exams and advisory opinions.
The share of mortgages in forbearance increased from 0.34% as of the end of September to 0.47% at the end of October, according to the Mortgage Bankers Association.
One Company, One Exam aims to streamline mortgage examinations for companies by completing one state exam per company using a series of standardized exam questions.