To bolster oversight of the nation’s housing marketplace, the President has tapped housing advocate Julia Gordon and Acting CFPB Director Dave Uejio for key roles at HUD.
Read More »Waters Seeks Extension of Federal Foreclosure Moratoria
Chairwoman of the House Financial Services Committee issues letter to federal agencies requesting additional time for at-risk borrowers.
Read More »CFPB Gauges COVID-Related Borrower Challenges
Two new reports measure what mortgage borrowers are experiencing with their lenders and servicers during the time of the pandemic.
Read More »Forbearance Volume Continues Downward Trend
Bright spots in employment and the economy are driving more and more Americans out of forbearance plans.
Read More »CFPB Delays Mandatory Compliance of QM Rule
Governmental actions will provide lender and borrower flexibility as the industry tackles challenging economic times.
Read More »Forbearances Drop for Fifth Consecutive Week
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.
Read More »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In an effort to maintain continued consumer protection in the time of COVID-19, the CFPB has rescinded several policies geared toward financial institutions.
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