vimarsana.com


To embed, copy and paste the code into your website or blog:
On April 5, the Consumer Financial Protection Bureau (“CFPB”) proposed amendments to Regulation X with the effect of preventing foreclosure on certain residential mortgage loans until January 1, 2022.[1] With a proposed effective date of August 31, 2021, this action would apply not only to federally backed mortgage loans, but to all mortgage loans secured by a property that is a borrower’s principal residence[2] – including those held in private trusts and on lender balance sheets. On April 3, the CFPB and other governmental agencies charged with overseeing mortgage servicers issued a joint statement explaining that the Coronavirus Disease (“Covid-19”) emergency could cause “temporary business disruptions and challenges for mortgage servicers, including staffing challenges, that could impede their ability to assist consumers at this critical time.”[3]

Related Keywords

,Consumer Financial Protection Bureau ,Coronavirus Disease ,Borrowers Affected ,Real Estate Settlement Procedures Act ,Coronavirus Aid ,Economic Security Act ,Enforcement Practices Regarding ,Mortgage Servicing Rules ,Cares Act ,நுகர்வோர் நிதி ப்ரொடெக்ஶந் பணியகம் ,ரியல் எஸ்டேட் தீர்வு ப்ரொஸீஜர்ஸ் நாடகம் ,பொருளாதார பாதுகாப்பு நாடகம் ,அமலாக்கம் ப்ர்யாக்டிஸஸ் தொடர்பாக ,அடமானம் சேவை விதிகள் ,அக்கறை நாடகம் ,

© 2025 Vimarsana

vimarsana.com © 2020. All Rights Reserved.