Mortgage Servicing Rules Under the Truth in Lending Act (Regulation Z)
On March 8, 2018, the Bureau of Consumer Financial Protection (Bureau) issued a rule amending certain aspects of the mortgage servicing rule issued in 2016 relating to periodic statements. These amendments revise the timing requirements for servicers transitioning between modified or unmodified periodic statements and coupon books when consumers enter or exit bankruptcy.
Final rule
Read it on the Federal Register
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Proposed rule
Read it on the Federal Register
View pdf
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