The Consumer Financial Protection Bureau (CFPB) received 35 comments in response to a request for information (RFI) on the RESPA mortgage servicing rule assessment.
Some industry commenters suggested modifying the rule to reduce the cost of compliance. Others complained the rule is forcing many mid-size servicers out of the industry altogether.
Read on for more reaction from trade groups and others in the final edition of our five-part series highlighting aspects of the bureau’s rule assessment.
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