Compliance bulletin and policy guidance re: mortgage servicing transfers
The Bureau of Consumer Financial Protection (CFPB) is issuing this compliance bulletin and
policy guidance to residential mortgage servicers and subservicers (collectively, servicers), in
light of potential risks to consumers that may arise in connection with transfers of residential
mortgage servicing rights. The CFPB’s concern in this area remains heightened due to the
continuing high volume of servicing transfers.
(as published in the Federal Register at 79 Fed. Reg. 63295 (October 23, 2014))
CFPB Bulletin 2014-01