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SettlePou Sponsors Mortgage Servicing - CFPB Continuing Education Seminar Download PDF

04.18.14

SettlePou Shareholder Barry D. Johnson led a seminar on April 16, 2014, focusing on the new mortgage servicing regulations recently issued by the Consumer Financial Protection Bureau, or CFPB. The CFPB regulations dramatically alter the foreclosure process and the servicing requirements of defaulted and delinquent loans and also impose upon lenders affirmative requirements to engage in loss mitigation. Barry also discussed other regulations issued by the CFPB relating to Qualified Mortgages, ability to repay, and loan officer compensation. The materials from Barry's presentation can be found at the link above and here.