Course: Proposed Rule on Profits and Related Basis Adjustments based on this document from the Federal Register: https://www.govinfo.gov/content/pkg/FR-2024-12-02/pdf/2024-27227.pdf This document contains proposed regulations regarding previously taxed earnings and...
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.
Additional information
| Federal Register Title | Streamlining Mortgage Servicing for Borrowers Experiencing Payment Difficulties; Regulation X. Document Number: 2024-15475 |
|---|---|
| Course SKU | FR-24-877-1 |
| Why This Course Is Important | Without this course, learners might miss critical updates on how to effectively engage with and adapt to the upcoming regulatory changes, risking non-compliance and missed opportunities for borrower assistance. |