“WASHINGTON (CNNMoney) — Giving homeowners more information on outstanding balances and pending interest rate changes is the aim of new rules for mortgage servicers proposed Friday by the Consumer Financial Protection Bureau.
The rules, a first for the entire mortgage servicing industry, would also require servicers to respond to homeowners’ calls for information or complaints within 5 days. No such rules exist now.”
Joined Nov 11, 2007
31,929 Blog Posts
