Lessons from CFPB’s Mortgage Servicing ‘Special Edition’ Report

July 14, 2016

In June, the Consumer Financial Protection Bureau released a "special edition" of its Supervisory Highlights focused on examinations of mortgage servicers between January 2014 and April 2016. In addition, the bureau released an updated mortgage servicing exam manual “to spur industry in its general compliance with CFPB rules.” The bureau's approach to mortgage servicing exams may be instructive for TRID compliance.

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