Streamlining Mortgage Servicing for Borrowers Experiencing Payment Difficulties; Regulation X

Activity

Mortgage Bankers Association filed 2 comments on this docket between Sep 10, 2024 and Jun 15, 2026. 22 other organizations filed here. The comment window closed 687d ago.

What Mortgage Bankers Association filed (2)

Abstract

SUMMARY: The Consumer Financial Protection Bureau (Bureau or CFPB) is proposing a rule that would amend regulations originally issued in 2013 regarding the responsibilities of mortgage servicers. The proposed amendments would streamline existing requirements when borrowers seek payment assistance in times of distress, add safeguards when borrowers seek help, and revise existing requirements with respect to borrower assistance. The proposed rule would also require servicers to provide certain communications in languages other than English, such as when a borrower is seeking payment assistance with their mortgage. The proposed rule, if finalized, would increase the likelihood that investors and borrowers can avert the costs of avoidable foreclosure. ADDITIONAL INFORMATION: For more information about commenting on CFPB’s Notices, please ulation M)” approved under OMB Control Numbevisit us at: https://www.consumerfinance.gov/rules-policy/notice-opportunities-comment/commenting-on-notices/

• Mortgage Bankers AssociationTHIS ORG

  2 filings · confidence 97%
• National Consumer Law Center on behalf of its low income clientsunverified attribution

  2 filings · confidence 70%
• American Bankers Associationtrade assoc.

  1 filing · confidence 97%
• American Institute of Servicing and Legal Executivestrade assoc.

  1 filing · confidence 85%
• Association of Language Companiestrade assoc.

  1 filing · confidence 85%
• Bethpage Federal Credit Unionunverified attribution

  1 filing · confidence 70%
• Conference of State Bank Supervisorstrade assoc.

  1 filing · confidence 85%
• Daniel J. Beck -Simmons First National Corporationunverified attribution

  1 filing · confidence 70%
• GoWest Credit Union Associationtrade assoc.

  1 filing · confidence 85%
• Housing Policy Counciltrade assoc.

  1 filing · confidence 85%
• Housing Policy Council on behalf of multiple organizationstrade assoc.

  1 filing · confidence 85%
• IH Mississippi Valley Credit Unionunverified attribution

  1 filing · confidence 70%
• International Bancshares Corporationunverified attribution

  1 filing · confidence 70%
• Manufactured Housing Institutetrade assoc.

  1 filing · confidence 85%
• National CAPACD- National Coalition for Asian Pacific American Community Developmenttrade assoc.

  1 filing · confidence 85%
• National Consumer Law Center (on behalf of our low-income clients) and National Housing Law Projectunverified attribution

  1 filing · confidence 70%
• Park National Bankunverified attribution

  1 filing · confidence 70%
• Randolph-Brooks Federal Credit Unionunverified attribution

  1 filing · confidence 70%
• roundtable with community organizations in Mobiletrade assoc.

  1 filing · confidence 85%
• roundtable with community organizations in New Orleanstrade assoc.

  1 filing · confidence 85%
• SchoolsFirst Federal Credit Unionunverified attribution

  1 filing · confidence 70%
• Structured Finance Associationtrade assoc.

  1 filing · confidence 85%
• The Wisconsin Credit Union Leaguetrade assoc.

  1 filing · confidence 85%