CFPB’s Proposed Amendments to Regulation X: Streamlining Mortgage Servicing

This comprehensive course offers a detailed overview of the CFPB’s proposed rule changes to Regulation X, focusing on mortgage servicing for borrowers in financial distress. Participants will learn about new communication requirements, language access provisions, and how these amendments aim to prevent avoidable foreclosures, benefiting both borrowers and investors.

In this course you will learn the following:
* Comprehend the goals and objectives of the proposed rule.
* Recognize the importance of public participation and how to submit comments.
* Understand the potential changes and their implications for mortgage servicers and borrowers.