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WSLG133 – CFPB Issues Proposed Rules That Would Establish Uniform Mortgage Servicing Standards – 7/24/2012

WSLG133 – CFPB Issues Proposed Rules That Would Establish Uniform Mortgage Servicing Standards – 7/24/2012 published on No Comments on WSLG133 – CFPB Issues Proposed Rules That Would Establish Uniform Mortgage Servicing Standards – 7/24/2012

Author: David H. Carpenter

Pages: 2

On August 10, the Bureau of Consumer Financial Protection (CFPB) issued proposed rules that would establish mortgage servicing standards that would apply to virtually every servicer and every mortgage in the U.S. Although the CFPB?s proposed rules are just one of several avenues by which regulators and the mortgage industry are harmonizing servicing standards, the CFPB?s proposal would apply to the broadest scope of the mortgage market.

 

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