The CFPB's new servicing rules: More headaches for mortgage servicers

[...]the number and extent of the changes in the New Rule, together with the fact that during this same period the mortgage industry as a whole must also implement the CFPB's new Home Mortgage Disclosure Act (HMDA)/Regulation C changes as well as its recent changes to TILA [Truth in Lending Act...

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Veröffentlicht in:Banking & Financial Services Policy Report 2016-10, Vol.35 (10), p.1
1. Verfasser: Jaworski, Robert M
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description [...]the number and extent of the changes in the New Rule, together with the fact that during this same period the mortgage industry as a whole must also implement the CFPB's new Home Mortgage Disclosure Act (HMDA)/Regulation C changes as well as its recent changes to TILA [Truth in Lending Act]/RESPA [Real Estate Settlement Procedures Act] Integrated Disclosures (TRID), means that the implementation period extended by the CFPB is actually far tighter than it seems.
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source EBSCOhost Business Source Complete
subjects Consumer protection
Consumers
Early intervention
Escrow accounts
Laws, regulations and rules
Loan servicing
Loan workouts
Mortgage backed securities
Mortgage servicing
Regulation of financial institutions
Regulation X
Regulation Z
title The CFPB's new servicing rules: More headaches for mortgage servicers
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