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CFPB unveils outline for new mortgage servicing rules
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Consumer Protection, Nonbank Financial
Wednesday, April 11, 2012
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The Consumer Financial Protection Bureau said new mortgage servicing rules it is considering would “put the ‘service’ back in mortgage servicing.” On April 10, the agency outlined rules it said would help protect mortgage borrowers from “costly surprises or getting the runaround from their mortgage servicer.” Read on for the details.
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