TITLE

CFPB: We Will Be a Cop On the Servicing Beat

AUTHOR(S)
Collins, Brian
PUB. DATE
May 2011
SOURCE
Mortgage Servicing News;May2011, Vol. 15 Issue 5, p1
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
63191752

 

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