CFPB Presentation

2016 CFPB Servicing Amendments

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Loss mitigation protections available more than once Exception to 120 day rule Use of short term repayment plans Reasonable date for submission of borrower documents and information Clarification on reasonable diligence Written notice of complete application Missing non-borrower information Clarification of foreclosure prohibition in ยง 1024.41(g) 15 Overview of Loss Mitigation Changes

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