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Mortgage Servicers, You Be Nice: CFPB Proposes New Rules to Favor Borrowers

The CFPB lists on its official website new proposed rules that would require mortgage servicers to provide borrowers with proactive attention to help (rather than hurt) homeowners.The post Mortgage...

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Foreclosures Higher Among Understaffed Banks [STUDY]

For those foreclosed on in the wake of the housing crash, it is disheartening indeed to hear that things may have gone different had their mortgage servicers simply had more people on staff to handle...

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CFPB Supervisory Highlights, Summer 2015: Violations in Lending, Servicing,...

In just 4 months’ time, the financial services industry managed to violate the rights of consumers to the tune of $11.6 million. The post CFPB Supervisory Highlights, Summer 2015: Violations in...

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