Proposal Would Provide Surviving Family Members and Other Homeowners with Same Protections as Original Borrower
WASHINGTON, D.C. —(ENEWSPF)—November 20, 2014. Today the Consumer Financial Protection Bureau (CFPB) proposed additional measures to ensure that homeowners and struggling borrowers are treated fairly by mortgage servicers. The proposal would require servicers to provide certain borrowers with foreclosure protections more than once over the life of the loan, to put in place additional servicing transfer protections, and to take…
