General World News

Trade groups issue extension request for comments on Reg X changes

A coalition of eight trade groups — including the Housing Policy Council (HPC), the Mortgage Bankers Association (MBA) and the Community Home Lenders of America (CHLA) — have requested additional time from the Consumer Financial Protection Bureau (CFPB) to comment on proposed changes to Regulation X, which implements the Real Estate Settlement and Procedures Act (RESPA).

Last week, the CFPB unveiled a series of proposed changes to Regulation X that would require mortgage servicers to emphasize borrower assistance and details ⇒

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