For only the second time since Mick Mulvaney was appointed interim director of the Consumer Financial Protection Bureau (CFPB), the agency has finalized a proposed rule.
The CFPB finalized amendments to its mortgage servicing rule, originally proposed Oct. 4, 2017, to help servicers communicate with certain borrowers who are facing bankruptcy.
Read on for details of the finalized amendments and how this process differs from the first finalized rule issued since Mulvaney began work at the CFPB.
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