LIBOR is expected to be discontinued sometime after 2021. Here is information to help consumers understand whether this market-wide change might affect the terms of their loans.
The CFPB has released two reports assessing significant CFPB rules: The first assesses the effectiveness of our Ability to Repay and Qualified Mortgage Rule. The second assesses the effectiveness of the Mortgage Servicing Rule we issued under the Real Estate Settlement Procedures Act (RESPA).
Today we finalized new changes to our mortgage servicing rules. These updates ensure that mortgage servicers treat homeowners and struggling borrowers...
CFPB's eRegulations is a web-based tool that makes regulations easier to find, read and understand. We have expanded the tool to include three additional...