Tag Archives: Dave Uejio

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.

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.

In an effort to maintain continued consumer protection in the time of COVID-19, the CFPB has rescinded several policies geared toward financial institutions.