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CFPB Expands Consumer Protections in Final Rule on Mortgage Servicing 

Aug 04, 2016By

The Consumer Financial Protection Bureau (CFPB) today finalized a new rule that requires mortgage servicers to provide homeowners with certain foreclosure protections. The 900-page updated rule clarifies borrower protections when the servicing of a loan is transferred and provides important loan information to borrowers in bankruptcy. The changes also aim to ensure that surviving family members […]