The Consumer Financial Protection Bureau (CFPB) on July 10, 2024, announced a proposed rule that would require servicers to more intently assist borrowers throughout a "loss mitigation review cycle" before being permitted to...more
7/25/2024
/ Borrowers ,
Comment Period ,
Consumer Financial Protection Bureau (CFPB) ,
Coronavirus/COVID-19 ,
Default ,
Financial Distress ,
Forbearance Agreements ,
Foreclosure ,
Interim Final Rules (IFR) ,
Loss Mitigation ,
Mortgage Servicers ,
Mortgages ,
Proposed Amendments ,
Regulation X ,
Regulatory History ,
RESPA
Notwithstanding a pandemic-induced winnowing of legislative priorities this year, California has passed a handful of new bills to regulate discrete areas of the financial services industry, including student loan servicing,...more
9/25/2020
/ Administrative Authority ,
CARES Act ,
Consumer Financial Products ,
Coronavirus/COVID-19 ,
Debt Collectors ,
FDCPA ,
Financial Services Industry ,
Forbearance Agreements ,
Governor Newsom ,
Loan Servicer ,
Moratorium ,
Mortgages ,
New Legislation ,
Ombudsman ,
Relief Measures ,
Rent ,
Rental Property ,
Rulemaking Process ,
State and Local Government ,
Student Loans
At least 43 states have now, by statute or executive order, authorized notaries in their states to conduct remote online notarizations (RONs) on either a permanent or a temporary/emergency basis, with a substantial number of...more