CFPB: We Will Be a Cop On the Servicing Beat

Collins, Brian
May 2011
Mortgage Servicing News;May2011, Vol. 15 Issue 5, p1
The article reports on the role of the U.S. Consumer Financial Protection Bureau (CFPB) in regulating residential servicing in 2011. It notes that the CFPB has the authority to set servicing standards and regulate all mortgage services in the country. It also discusses the views of Elizabeth Warren, the CFPB's de-facto director, to the Robo-signing scandal of the agency.


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