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Category: Info for consumers |
Published

You might have heard that LIBOR is going away. Here’s what you need to know about LIBOR and adjustable-rate loans.

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.
Category: Info for consumers | Category: Policy and compliance |
Published

We’ve updated our mortgage servicing rules to provide greater protections for mortgage borrowers and other homeowners

Today we finalized new changes to our mortgage servicing rules. These updates ensure that mortgage servicers treat homeowners and struggling borrowers...