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USFN Monitoring, Preparing Responses to CFPB Proposed Rules

Posted By USFN, Wednesday, April 14, 2021

 
by Kip J. Bilderback, Esq.
Millsap & Singer, LLC
USFN Member (MO, KS, KY)

We are aware the CFPB issued Notice of Proposed Rule regarding Protections for Borrowers Affected by the COVID-19 Emergency Under Real Estate Settlement Procedures Act (RESPA), Regulation X, which seeks comment and provides until May 10, 2021 for comments to be submitted. 

The Advocacy Committee and Board of Directors are reviewing the large documents and will proceed to formulate comments to be submitted by USFN, as well as suggested comments to be submitted by our members directly to the CFPB. Additionally, we are pleased to be able to work with MBA on that organization’s proposed comments to the rulemaking, knowing that the MBA speaks for the entire industry. 

Copyright © 2021 USFN. All rights reserved.

April 2021 e-Update
 

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