Wednesday, 14 April 2021 | The Latest Buzz for the Appraisal Industry

CFPB: Lenders Must Aggressively Prepare to Assist Struggling Borrowers

The Consumer Financial Protection Bureau (CFPB) Thursday issued a warning to servicers to prepare for an onslaught of distressed homeowners come summertime, or as moratoria expire. This is the second CFPB notice in a week to indicate the bureau is aggressively readying to wind down COVID-19-related temporary provisions and flexibilities. One day prior to Thursday’s issuance, …

The post CFPB: Lenders Must Aggressively Prepare to Assist Struggling Borrowers appeared first on theMReport.com.

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