CFPB Releases Special Edition of Supervision Highlights and Updates Mortgage Servicing Exam Procedures
WASHINGTON, D.C. —(ENEWSPF)–June 22, 2016. Today the Consumer Financial Protection Bureau (CFPB) released a special edition supervision report focused specifically on mortgage servicers. The report found that some mortgage servicers continue to use failed technology that has already harmed consumers, putting the company in violation of the CFPB’s new servicing rules. In its examinations covering numerous mortgage servicers since the new…
