EMERGING ISSUES TRACK: Coming Changes to Servicing Rules and Credit Reporting

Monday, May 6, 2024 1:00 PM-2:15 PM Seaport G

The industry awaits the highly anticipated proposed amendments from the Bureau to ‘simplify and streamline’ the loss mitigation provisions of the Mortgage Servicing rules. As forecasted, the Bureau endeavors to modernize Regulation X to recognize evolving loss mitigation waterfalls, preserve the use of ‘streamline’ loss mitigation solutions implemented during the pandemic, and maintain CARES Act like credit reporting standards. This panel discusses the risks, challenges, and benefits of modernization to the marketplace. Sponsored by Cooley.




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