Tuesday 3 November 2015

Are servicers finally off the CFPB’s hit list?

For quite some time now, it appeared that the Consumer Financial Protection Bureau was out to get the servicing industry. However, a quick perusal of the new supervisory report from the CFPB might finally be a sign that servicers are no longer at the top of the bureau’s hit list. Can servicers finally breathe a sigh of relief?

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