Around The Web

Corday On CFPB’s COVID-19 Response

In a new white paper, the inaugural director of the Consumer Financial Protection Bureau outlined the steps he alleges the CFPB needs to be taking right now in the face of an economic crisis caused by COVID-19. The post Corday On CFPB’s COVID-19 Response appeared first on DSNews.

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DS5: FHFA Director Discusses Forbearance

In this episode of DS5: Inside the Industry, FHFA Director Dr. Mark A. Calabria discusses what regulators are doing to assist homeowners, lenders, and servicers, including the programs being offered to homeowners. The post DS5: FHFA Director Discusses Forbearance appeared first on DSNews.

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Ocwen Financial Addresses COVID-19 Concerns

The company is evaluating potential increases in servicer advance levels and servicing costs based on increased borrower delinquency levels, among other factors that could affect its liquidity and financial condition assessments. The post Ocwen Financial Addresses COVID-19 Concerns appeared first on DSNews.

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Federal Reserve Announces Additional Relief Measures

Federal financial institution regulatory agencies and the state financial regulators issued a joint policy statement providing needed regulatory flexibility to enable mortgage servicers to work with struggling consumers. The post Federal Reserve Announces Additional Relief Measures appeared first on DSNews.

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The Impact on At-Risk Homeowners

Millions of Americans are now financially vulnerable as a result of COVID-19, and a new report covers how the most vulnerable homeowners may be affected. The post The Impact on At-Risk Homeowners appeared first on DSNews.

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