Consumer Financial Protection Bureau (CFPB) Servicing Issues
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The CFPB's Mortgage Servicing Rules helped to standardize mortgage servicing practices and provide important consumer protections. MBA consistently advocates for clarity in guidance for its members so that they can provide consistent, equitable service to all consumers. Providing clear, unambiguous rules for mortgage servicers and recognizing the important and unique relationship between servicers and their customers is critical to ensure a fair and efficient system.
Recent MBA Activity Related to Consumer Financial Protection Bureau (CFPB) Issues
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Joint Letter to CFPB on Consumer Access to Financial Records
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MBA Letter to BCFP on ANPR on Consumer Access to Financial Records
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MBA Letter to BCFP on Role of Supervisory Guidance
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MBA Letter to CFPB on RFI on ECOA
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Joint Letter to CFPB on Escrow Repayment
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MBA Letter to CFPB on Seasoned QM Loan Definition
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MBA Letter to CFPB on General QM Loan Definition
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MBA Letter to BCFP on Advisory Opinion Program
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MBA Letter to CFPB on QM Extension of Sunset Date
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Joint Letter to CFPB on RFI on ECOA
Related MBA Events
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School of Mortgage Banking I: October 2024: Online
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Commercial/Multifamily: Overview of Commercial Insurance Compliance 2024
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Commercial Certified Mortgage Servicer (CCMS) Exam Prep Course: Fall 2024
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School of Mortgage Servicing: October 2024
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School of Mortgage Banking II: November 2024: Online
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School of Multifamily Mortgage Banking: November 2024: Houston, TX
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School of Multifamily Property Inspections: November 2024: Online
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School of Mortgage Banking I: December 2024: Austin, TX
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School of Mortgage Banking II: December 2024: Austin, TX
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School of Mortgage Banking I: January 2025: Online