With approximately 2.5 million Americans currently in forbearance plans, a new report notes that the total loans in forbearance dropped to 4.9% of total volume, marking a five-week decline.
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CFPB Proposes Plan to Avoid Foreclosure Surge
The CFPB is suggesting a number of ways for the nation’s servicers to deal with a potential windfall of foreclosures as nearly 2.5 million homeowners prepare to exit forbearance plans.
Read More »CFPB Rolls Back Several Regulatory Policies
In an effort to maintain continued consumer protection in the time of COVID-19, the CFPB has rescinded several policies geared toward financial institutions.
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