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5 Key Provisions in the CFPB’s New COVID-19 Mortgage Servicing Final Rule

Burr Forman

The Consumer Financial Protection Bureau (“CFPB”) hopes that these provisions will prevent a new foreclosure crisis when the majority of existing foreclosure moratoria implemented by state and federal governments expire over the course of this summer.

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5 Key Provisions in the New COVID-19 Mortgage Servicing Rule

Burr Forman

The Consumer Financial Protection Bureau (“CFPB”) hopes that these provisions will prevent a new foreclosure crisis when the majority of existing foreclosure moratoria implemented by state and federal governments expire over the course of this summer.

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CFPB Issues Proposed Rule To Amend Regulation X

Collection Industry News

The proposed amendments would establish a pre-foreclosure review period to provide an opportunity for borrowers affected by the Covid-19 pandemic to be evaluated for loss mitigation before a servicer files for foreclosure.

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Emerging Trends In FDCPA Litigation Against Community Association Attorneys

FDCPA Defense

as well as analogous state laws governing the consumer collection process. Duty to disclose accruing interest, fees or other charges A significant recent trend in FDCPA case law involves courts that have imposed new disclosure obligations that are not found in the plain language of the Act. . § 1692 et. The issue in Ho v.