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Foreclosure surge and Related Compliance Issues

Answered by: 

Question: 
Do these rule apply to small servicers?
Answer: 

All of the Regulation X revisions apply to large servicers, some of the provisions apply to small servicers. The CFPB has made it clear they intend to use UDAAP to enforce the concepts laid out in Bulletin 2021-2 against all financial institutions, including both large and small servicers.

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Learn more about Jack Holzknecht’s Foreclosure surge and Related Compliance Issues webinar.

First published on 10/03/2021

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