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CFPB announces plans to streamline mortgage servicing rules
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Consumer Protection, Government Oversight, Nonbank Financial
Friday, June 23, 2023
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The Consumer Financial Protection Bureau (CFPB) announced in a blogpost it plans to identify ways to simplify and streamline existing mortgage service rules. The announcement comes after the CFPB issued a request for information seeking input from the public and other participants about, among other things, streamlining loss mitigation options.
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