Latest developments from the CFPB (Consumer Financial Protection Bureau), regulator of consumer protection actions among financial institutions and other organizations.
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[UPDATED] Consumer bureau revises mortgage servicer rule on statements for bankrupt borrowers
The Consumer Financial Protection Bureau (CFPB) on Thursday issued a final rule to simplify statement requirements for mortgage servicers working with borrowers in bankruptcy. The revisions, which change provisions in the bureau’s 2016 rule for […]