UPDATED MORTGAGE SERVICING FAQS

On March 20, 2018 the Consumer financial Protection bureau (CFPB) updated the Mortgage Servicing FAQs. The updated FAQs pertain to compliance with Regulation X and Regulation Z, effective April 19, 2018.

The updates deal primarily with recent revisions to Regulation that are effective on April 19, 2018.

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A copy of the FAQs is available at:  https://s3.amazonaws.com/files.consumerfinance.gov/f/documents/cfpb_mortgage-servicing_frequently-asked-questions.pdf

More information about the recent changes to Regulation Z are available at:  https://www.jackscomplianceresource.com/last-minute-revisions-to-regulation-z-servicing-rules/

 

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