are seeking comment on our proposal to increase flexibility for mortgage
lenders in collecting certain information.
We have released a plan to assess the effectiveness of the remittance rule and are asking the public for comments and information that would help the assessment.This post was originally published on the Consumer Finance Protection Bureau's blog. Link: http://www.consumerfinance.gov/about-us/blog/cfpb-seeks-comment-its-plan-assessing-remittance-rule/ Author:
are seeking comment on a proposal to delay the effective date of the prepaid
accounts rule by six months.
Prepaid cards can look and act like other types
of cards, but they haven’t always had the same protections. Our new rule will help
make prepaid cards and other prepaid accounts safer to use.
Today we finalized new changes to our mortgage
servicing rules. These updates ensure that mortgage servicers treat homeowners
and struggling borrowers fairly. They
servicers with greater clarity about how to comply with the rules.