20-EF-17: CFPB - Treatment of Certain COVID-19 Related Loss Mitigation Options Under RESPA (Regulation X)

On April 30, 2020, the Bureau of Consumer Financial Protection (CFPB) published an interim final rule (IFR) amending its Regulation X, implementing the Real Estate Settlement Procedures Act (RESPA) to temporarily permit mortgage servicers to offer certain loss mitigation options without a complete loss mitigation application.

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