Monday, 12 April 2021 | The Latest Buzz for the Appraisal Industry

CFPB Instructs Servicers to Prepare for Forbearance Expirations

The Consumer Financial Protection Bureau (CFPB) issued a warning to servicers to prepare for an onslaught of distressed homeowners come summertime, or as moratoria expire. It is a “known unknown” industry specialists have been anticipating for some time now, that the current high rate of forbearance plans could prove problematic down the road.  The CFPB …

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