WASHINGTON, July 1 -- The Bureau of Consumer Financial Protection has issued a rule (12 CFR Part 1024), published in the Federal Register on June 30, entitled: "Treatment of Certain COVID-19 Related ...

First American Mortgage Solutions LLC, a part of the First American family of companies, today announced completion of a strategic integration with default/loss mitigation workflow provider ...

Loss mitigation is a way for mortgage lenders to help borrowers who are struggling to make their monthly payments avoid losing their homes. You can keep your home with many loss mitigation options, ...

The Consumer Financial Protection Bureau (CFPB) released the Winter 2020 edition of its Supervisory Highlights report on February 21, 2020. Among other legal violations, the CFPB noted that certain ...

Loss mitigation in mortgage is a process that lenders use to help borrowers avoid foreclosure and perhaps even stay in their homes. More commonly, lenders help you transition out of your home without ...

On June 23, 2020, the Consumer Financial Protection Bureau (CFPB) posted on its website an interim final rule that creates a temporary exception to certain loss mitigation obligations of mortgage loan ...

Mortgage servicers will soon be able to embrace a digital loss mitigation process without fear of punishment by the Consumer Financial Protection Bureau. The CFPB announced Friday that it is issuing a ...

Falling behind on your mortgage payments is an incredibly stressful situation. When you miss multiple payments, the lender may start the foreclosure process to take possession of your home. However, ...