The Consumer Financial Protection Bureau (CFPB) has issued the 2021 Mortgage Servicing COVID-19 final rule, which amends certain Regulation X early intervention and loss mitigation requirements. As the federal foreclosure moratorium is phased out, these amendments are intended to support a smooth and orderly transition. The rule covers loan on principal residences and are effective August 31, 2021.
2021 Mortgage Servicing COVID-19 Final Rule
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