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CFPB reports on mortgage servicing metrics
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Consumer Protection, Nonbank Financial
Wednesday, June 1, 2022
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The Consumer Financial Protection Bureau (CFPB) published a report examining mortgage servicers’ responses to the COVID-19 pandemic. The data was collected from 16 larger servicers from May 2021 through December 2021.
The report indicated homeowners are continuing to face significant risks and challenges related to working with their mortgage servicers.
Read on for more details.
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