The CFPB has released its proposed mortgage servicing rules. The proposals consist of a Real Estate Settlement Procedures Act (Regulation X) rule and a Truth in Lending Act (Regulation Z) rule. Comments on the proposals will be due by October 9, 2012.
Take a look at the documents and let the CFPB know what you think.
Visit our partner, the Cornell e-Rulemaking Initiative, to read other summaries of the rules on www.regulationroom.org and participate in an on-line conversation about them. Cornell will share with us a summary of the feedback that you and others provide.